Sesa Goa may see upside from current levels: Sukhani

Published on Fri, Jan 13, 2012 at 17:57 |  Source : CNBC-TV18

Updated at Fri, Jan 13, 2012 at 18:26  

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Sudarshan Sukhani, s2analytics.com

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Sesa Goa may see upside from current levels, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Metals are ready for more upside and I don't know if I have favorites because I like all the stocks that have good charts, but currently Sesa Goa's chart suggest that it's bottoming out, so the gains on the upside are significantly likely to be more as compared to aluminum stocks, which are showing the weakest charts, so Sesa Goa is a favorite."

He further added, "It is possible to buy NIIT Tech not NIIT, I don't know what NIIT Tech is reporting but that's the only chart and that's the only company I would suggest in the midcap IT space. For the rest, what happened to Infosys, I don't think it's wise to trade on news events."

  

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