Ashish Chaturmohta of Fortune Equity Brokers told CNBC-TV18, "We like metals at this point of time and in that Steel Authority of India (SAIL) is one stock which has not performed so well but in last couple of days we have seen the stock crossing its four months high above Rs 58-59 levels. The way Tata Steel or Sesa Sterlite have moved in last couple of trading sessions. I think the same momentum could be seen in SAIL."
"Below Rs 58 I will keep a stoploss and I think another 10-15 percent upside is possible in SAIL," he said.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
