Hold Sesa Goa: Manav Chopra

Manav Chopra of Nirmal Bang Securities told CNBC-TV18, "Sesa Goa after couple of weeks of consolidation has given a breakout from its important pennant pattern which suggests that the volumes are also quite supportive and the breakout is accompanied by good bullish candle. The momentum is very strong in the stock.”

“I would recommended that one should hold this stock expect atleast levels close to Rs 210 from medium term perspective and for the long term this stock can also test the levels of Rs 220,” he added.
“I would recommend that one should maintain a buy and incase if there is a short term consolidation he/she can also further add some quantities at the current levels. Maintain a stop loss of Rs 180 and you can maintain this for couple of month horizon.”