Friday, October 1, 2010

Sesa Goa Game of Risk Vs reward

The stock does not breach 75 dma on weekly basis inspite of negative news hitting the couter again and again few days back.So one can go long once it crosses 345 which is 20 dma for 1st target of 390 and 2nd target of 430.Risk reward is extremly favourable and considering all other metal stocks have moved decently in the past few trading sessions,one should play this game of risk and reward.

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