Gaba Told CNBC-TV18, " There is some kind of a consolidation in Kale Consultants at Rs 100-130 levels; it needs to cross Rs 130 mark and once that happens momentum will drive it down to Rs 160 levels. So in the short-term it just needs to cross Rs 130 whether it crosses now we do not know but Rs 130 is a resistance. Its a good stock, good structure just hold on to the stock and wait for Rs 130 to cross then let it go off. I must disclose that I sold this stock yesterday at Rs 130 because there is a strong resistance."
