Sesagoa has been trading in a tight range for sometime and today it has given a breakout of upper end of range. Since this stock is a high beta stock, traders should trade long on sesagoa stock at current market price of 201, with intraday target of 205. Stop loss must be placed at 198 level. Trading Analysis on Sesa Goa: Stock is already trading higher by about 3% today and trading in the ... [Continue Reading]
High Beta Stock: Accumulate Sesa Goa Stock on Every Decline, Multibagger Stock
Sesa Goa Ltd. is one of the largest mining company in India, having most of its mining activity in Goa. This company was listed in NSE and BSE on 13 May 1998. The stock was trading at Re.1 level in 2003 and made a high of 495 in 2010, so we see that stock has tremendous potential in longer term, but for short term we are seeing the stock in a downtrend and has been correcting sharply as seen in ... [Continue Reading]
Sesa Goa Ltd. (SESAGOA) Q4 Profit Surges About 21% at Rs 1462 crore
Sesa Goa Ltd. has declared its fourth quarter result ended this 31 march 2011. It has earned consolidated net profit of Rs.1462 crore versus Rs.1213 crore, year-on-year, YoY, with a gain of 21%. Also its net sales were up 40% at Rs.3915 crore versus Rs.2800 crore, (Year-on-Year basis) YoY. Sesa Goa Stock: After posting the better than expected result Sesa Goa stock is likely to perform very well ... [Continue Reading]
SESAGOA INTRADAY LEVELS FOR 18 OCT 2010
As per our analysis we have SESAGOA for intraday trading: BUY SESAGOA AT 364 FOR TARGET: 369 / 374 STOP LOSS SHOULD BE PLACED AROUND 360. SESAGOA HAS SEEN THE STRONG UPWARD MOMENTUM LAST WEEK. AS THE DAILY TECHNICAL INDICATORS ARE SHOWING CONTINUATION OF BULLISH MOVE. ... [Continue Reading]