BGR Energy may slip to Rs 180, says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "We don't discuss because BGR Energy is fallen from Rs 900 to Rs 200 so I think there is nothing left to discuss. These stocks will go lower; I don't know if that is justified but that's not my call but the charts are telling us that BGR will crack Rs 200 go much, maybe Rs 180 in this initial bear move and probably lower eventually."
He further added, " United Spirits is been on my short list repeatedly and immediate target for today itself could be Rs 600 and there is going to be strong support at that, its not only a round figure its also a chart support. If an when Untied Spirits breaks Rs 600 then it's in a free fall, few weeks ago I had given a target of Rs 450 for it and that target remains valid."
Disclosure: I have no personal holding in any of the stocks discussed
