Wait and watch HDIL: Mitesh Thacker

"...HDIL is one sector which definitely is on my close watch list."

Mitesh Thacker, Technical Analyst, miteshthacker.com in an interview with ET Now talks about various stocks.

What is your take on HDIL?

HDIL also looks very good. It is going through a sideways base forming kind of consolidation. If there could be a breakout on the upside, it could probably trigger a short term up move with price targets of about 10-12% on the upside. So this is one sector which definitely is on my close watch list.
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