Buy Sesa Goa only above 406-407 levels: Angel Broking

Shardul Kulkarni, Sr Technical Analyst, Angel Broking, in a chat with ET Now talks about Tata Steel and Sesa Goa.

What do you make out of Tata Steel and Sesa Goa as a day trade?

For a day trade, you should buy Sesa Goa only and only above the 406 levels, specifically if you look at the daily charts. Yesterday it has shown you a breakdown signal. So only if it goes beyond 406-407, you should buy Sesa Goa.

Same is the case with Tata Steel. Overall the metal pack has been looking weak since a few days. So in metals also, in Tata Steel you should take the levels of around 617-618. Only above those levels you go long.