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Sesa Goa has support at Rs 170-175: Gujral

This article was posted on Jul 9, 2009 and is filed under Stock Views

Technical Analyst, Ashwani Gujral is of the view that Sesa Goa has support at Rs 170-175.

Gujral told CNBC-TV18, “Given the weakness in commodities, metals, oil Sesa Goa has held up quite well, so Rs 170-175 is a good support on the downside. If it can take out Rs 225 and as metals correction gets over, commodities we think that are going to see inflation, so if it gets above Rs 225, it will get into a new orbit and probably would go upto Rs 275-280. So this correction has shown its strength and this is the point where people should get into this.”

source: Moneycontrol.com

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