Sell BGR Energy with a target of 290-295: Prakash Gaba

In a chat with ET Now, Prakash Gaba, CFT, prakashgaba.com, shares his views on BGR Energy.

ET Now: What is the call on BGR Energy?

Prakash Gaba: BGR Energy Ltd is a ‘SELL’ call with a target of Rs 295-290 and a stop loss of Rs 308. The way it has moved from 300 to 320, it has got exhausted. Have a stop above these levels of 308 and trade short. The low side could see the levels closer to 295 to 290 in a day or 2. So even BGR Energy looks weak.