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Hold Sesa Goa: Mohindar
2008-05-16 14:48:05 Source : Your Stocks/CNBC-TV18
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Rahul Mohindar of Viratechindia expects Sesa Goa to go to more than 4,500 levels in the very short-term. He advises to hold the stock and rates it as an outperformer.
Mohindar told CNBC-TV18, "Sesa Goa, I think short-term this stock is definitely on our buy list, in the very short-term we even expect it to go to more than 4,500 levels. Rs 3,900 that is where majority of the long-term support lies. So definitely the stock is a hold, we would rate it as an outperformer. I would not put a price target for two-three year timeframe but definitely I would advise him that Rs 3,900 is a trend decider level on the long-term and that is what he needs to keep in mind. I think short-term trades also can be initiated here though."
| Share Price Movement During The Last 12 Months | ||||
| Period | Price | Latest Price | Gain/Loss (Rs.) | % Gain/Loss |
| 3-Days | 3964.45 | 4296.90 | 332.45 | 8.39 |
| 5-Days | 4019.90 | 4296.90 | 277.00 | 6.89 |
| 7-Days | 4028.20 | 4296.90 | 268.70 | 6.67 |
| 15-Days | 4217.40 | 4296.90 | 79.50 | 1.89 |
| 1-Month | 3041.35 | 4296.90 | 1,255.55 | 41.28 |
| 3-Month | 3150.15 | 4296.90 | 1,146.75 | 36.40 |
| 6-Month | 3711.10 | 4296.90 | 585.80 | 15.79 |
| 9-Month | 1755.85 | 4296.90 | 2,541.05 | 144.72 |
| 1-Year | 1707.35 | 4296.90 | 2,589.55 | 151.67 |
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- Jul 25, 17:30
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