Hold Subros for a long period: Prakash Gaba

In a chat with ET Now, Prakash Gaba, CFT, prakashgaba.com, gives his views on Subros.

What is the call on Subros?

Structurally Subros is looking good closer to around 25 zone, need to hold it for a slightly longer time for a target of around 50 but that will take its own sweet time. The way it has gone up from 25 to 40 now looks like it is consolidation time. We might say dips maybe under 28 zones, those dips under 28 zones could be bought for a target of 50. So it is more of a consolidation time, we might see some dips here.