Buy BGR Energy at Rs 388: Hemen Kapadia

Buy BGR Energy at Rs 388, says Hemen Kapadia, CEO, chartpundit.com.

Kapadia told CNBC-TV18, "BGR Energy has been battered beyond submission. Infact it has been down for a number of trading session. Stock seems set to recover from an oversold zone. Keeping that in mind one can buy it at Rs 388 with a stop loss of Rs 383 and a target of Rs 400. This is a shorter term call, valid for few trading sessions."