Go short on ING Vysya Bank: Prakash Gaba, CFT, prakashgaba.com

In a chat with ET Now, Prakash Gaba, CFT, prakashgaba.com, shares his views about ING Vysya Bank.

ET Now: What is your call on ING Vysya Bank 3.5% lower right now at 360?

Prakash Gaba: ING Vysya Bank in the upper regions of around levels of around 370-375, giving a feeling that it has kind of getting exhausted out there, so will I initiate a short. Certainly, I can initiate a short but I need to have a slightly deeper stop and the stop could be closer to around 370-375 zones and where did they go up to, may be it can fell down to levels of around 345 that is the area I am looking at for ING Vysya Bank but need a deeper stop for that.