Sesa Goa has target of Rs 232, says Salil Sharma, Technical Analyst, Kapur Sharma & Co.
Sharma told CNBC-TV18, "With Sesa Goa the early problem is that it becomes slightly overbought but still it's good for a long position with a stoploss of around Rs 206 because Rs 208 is a very important support/resistance which it has gone above and so keeping little bit of margin keep Rs 206 as a stop loss and Rs 232 would be a target."
He further added, "Besides this we like Hindalco from this metal space. Here one can keep a stoploss of Rs 137 and stay long and with an immediate target of Rs 152 but 8-10 trading days target of around Rs 160."
