Sesa Goa a safe bet: Ashwani Gujral

ET Now spoke to Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, about Sesa Goa.

At 313 on the charts, how Sesa Goa looking?

Sesa Goa has been in an extended kind of downtrend for a long time. In fact it started correcting from April of last year so it may not break its recent lows of 260, in fact if it comes down to 285-290 may be buying into Sesa Goa would be worthwhile. Obviously, there is news flow to contend with but overall the lows of its mini bear market are probably made and now on decline Sesa Goa should be bought as an investment. Whenever this issue sorts out Sesa Goa will head higher towards 385-400.