Hold NTPC, says Kunal Bothra

Kunal Bothra of LKP Securities told CNBC-TV18, "Looking at the chart pattern of NTPC over the last one and half odd month, the stock seems to be finding some sort of stability around this Rs 120 odd mark. I think the idle strategy over here should that you need to hold onto the stock, but you can try and average around Rs 125."He further added, "On short-term basis, you can look for a target of Rs 140 because which is where I believe that this rally can actually see some bit of strong resistance. So, you can take out the profits at Rs 140 levels. Book part profit, and then once the longer-term charts unfold into a better picture, then you can hold on to it from a longer-term perspective."