Buy Kingfisher Airlines on declines: Prakash Gaba

In a chat with ET Now, Prakash Gaba, CFT, prakashgaba.com, shares his views on Kingfisher Airlines Limited.

ET Now: What is the call on Kingfisher Airlines?

Prakash Gaba: Kingfisher Airlines is on the upper circuit now. Structurally it is positive. So Kingfisher Airlines is a buy at every dip if the circuit opens. Keep the stop loss of about Rs 15 and look for a price target of Rs 17.