Sesa Goa is a preferred pick in metal space, says Sudarshan Sukhani, s2analytics.com.
Sukhani told CNBC-TV18, "Sesa Goa has been on my buy list for sometime now. And you don't actually buy it on a day when it has seen large spectacular gains but you wait patiently for those inevitable corrections, those dips and Sesa Goa would be a preferred choice in the entire pack."
He further added, "The infra stocks that have rallied and galloped are going to be the first to bear the brunt of any kind of unwinding or selling. It is not a sell off that I am talking about but certainly even mild decline in prices will become large losses or large impact on leveraged positions so it is quite possible we could see some of those scenario's next week. My first target would be infra which is why I am suggesting that traders should stick to blue chips and stay away from midcaps until a correction does not come in."
