Go long in Vedanta, says Siddarth Bhamre

Siddarth Bhamre of Angel Broking told CNBC-TV18, "Last week we have generated long call in Hindalco Industries and that is still standing. Tata Steel is doing well though we haven't initiated long."He further added, "Vedanta has lot of short positions standing in it and the stock is on the verge of giving a short-term breakout from the trading range, which it has got stuck. It has made nice bottom according to me and I am expecting a short covering rally here, not aggressive targets but Rs 94-95 is what I am expecting, fix stoploss around Rs 83 and go long. I think metal space would do overall."