Hold BPL, above Rs 120 may test Rs 140: Sandeep Wagle

Sandeep Wagle of powermywealth.com told CNBC-TV18, "BPL is in the Rs 108-120 band and I do not see strength in the short term. The long-term is a different story. I would talk of the stock going beyond Rs 150."

"As of now, I would advise a hold with a stoploss of Rs 106. In case that is broken then the stock can go to two digits. So it does not make sense holding. And once above Rs 120 only, the stock can go to Rs 140. So if one is having a short-term in mind, nearer Rs 120 in case of a rally, Rs 117-118, one should book out," he added.