Sesa Goa will touch lower levels before any sustainable recovery: Ashwani Gujral
Sesa Goa there is nothing new. It was in a bear market. It does it full back rallies and again falls today.
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| Updated: Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, talks to ET Now about Sesa Goa.
On the charts Sesa Goa?
Sesa Goa there is nothing new. It was in a bear market. It does it full back rallies and again falls today. For some reason most of these stocks resource stocks are falling like NMDC, Sesa Goa so once we have a four or five day rally these become fairly good shorts. Hindalco is also doing poorly today so chances are that Sesa Goa will touch lower levels before any sustainable recovery.
On the charts Sesa Goa?
Sesa Goa there is nothing new. It was in a bear market. It does it full back rallies and again falls today. For some reason most of these stocks resource stocks are falling like NMDC, Sesa Goa so once we have a four or five day rally these become fairly good shorts. Hindalco is also doing poorly today so chances are that Sesa Goa will touch lower levels before any sustainable recovery.
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