SAIL can add 5-7% on upside: Shruti Vora

Shruti Vora, Antique Stock Broking feels that SAIL can add 5-7% on the upside.

Vora told CNBC-TV18, "Lot of metal counters are closer to their supports whether it is JSPL at Rs 550 or Tata Steel at Rs 550, SAIL has bounced back obviously because of newsflows governing that stock, I think that can extend another 5-7% upside from current levels."
She further added, "Metals are one space wherein I would be more comfortable entering if market provides a definite reversal from current levels. Obviously they are high beta names but the comfort will come if and only the market provides a little comfort rather than entering them at supports."