BL Kashyap looks promising on the short term

Rohit Shinde, Head Technical Research, Nimbus Wealth Management, in a chat with ET Now talks about BL Kashyap.

ET Now: What about BL Kashyap?

Rohit Shinde: Longer term chart, one year chart, nothing great but 1 to 1.5 months back, things are happening pretty good for the stock. Volume is also increasing. Also 390 was a strong resistance around 1.5 months back. Went beyond that, corrected currently at 50 levels, looks promising on the short term also, can definitely go much higher on 500 levels also. But keep a close stop loss of around 440 to 435 levels.