CD Equisearch has advised traders to buy Sesa Goa for target of Rs 432. “Buy Sesa Goa around Rs 406 for a target of Rs 432 and keep a stoploss of Rs 393,” the report said. – ET
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Sesa Goa
Sesa Goa has posted a net profit after tax of Rs 4069.40 million for the quarter ended June 30, 2009 where as the same was at Rs 6447.20 million for the quarter ended June 30, 2008. Total Income is Rs 10250.60 million for the quarter ended June 30, 2009 where as the same was at [...]
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Sesa Goa, the country’s largest private iron ore exporter, has bought Goa-based V S Dempo Mining Corporation for Rs 1750 crore. A part of London-listed Vedanta Resources, Sesa Goa will fund the transaction through internal accruals. Sesa Goa has reserves of Rs 4,000 crore. Dempo has 19 mining leases spread over 1800 hectares in Goa. [...]
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US markets ended negative.Europe also ended negative.Asia has opened in red and is also trading in red.Expect a gap down opening in Indian Markets. NIFTY magic levelsCurrent Spot – 3554.60Support – 3505 and 3470Resistance – 3590 and 3645 Day Trading Ideas – Sesa GoaBuy above 141 for targets of 145 and 148Sell below 131 for [...]
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US markets ended flat.Europe ended negative.Asia has opended positive.Expect Indian Markets to have a gap up opening.The support for the Sensex is 10150 and the resistance to the up move is at 10708-11295Nifty: (3211) the support for the Nifty is at 3150 and the resistance to the up move is at 3451 Day Trading Ideas [...]
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US markets rallied.Europe also rallied.Expect Asian markets to open flat to negative.Indian markets may also follow the foot prints of Asian markets.The support for the Sensex is 9520 and the resistance to the up move is at 10050-10201Nifty: (3060) the support for the Nifty is at 2960 and the resistance to the up move is [...]
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Investors with a three-year horizon can consider accumulating the stock of Sesa Goa, trading at Rs 82.10. The company’s market leadership in iron ore mining and exports, signs that Chinese demand for Indian ore may resume on the back of the stimulus package and the attractive valuation for the stock make it a reasonable long-term [...]
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US markets end marginally positive after a volatile session.Obama is ought to give US a huge bailout package. (That is certainly a good news).Europe ended flat . Asia is bonded to open flat to positive.We may see a positive opening in the Indian markets. The support for the Sensex is 9500 and the resistance to [...]
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US markets ended positive on Friday.Europe was also flat.Asia has opened positive but is giving up all its gain.Expect Indian Markets to open flat to positive. The support for the Sensex is 9227 and the resistance to the up move is at 9400-9539 Nifty: (2843) the support for the Nifty is at 2750 and the [...]
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US markets ended positive on Friday.Europe also ended positive.Asia has opened positive.I expect Indian Markets to open flat to positive. The target for the Sensex is 9200 and the resistance to the up move is at 9528-9708 Nifty: (2828) the target for the Nifty is at 2740 and the resistance to the up move is [...]
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