The market was volatile through out the day on Monday that may be an indication of short term reversal pattern and
may support bullish traders if it sustains above the level 4735/15870. However, we may consider it as a pull back rally
and will try to trade into as per the major levels of the market.
In case if it sustains above the level 4735 then the first hurdle comes at 4785/16000 and the next best hurdle is at 4820/
16145. Over extended pull back may lift the market to 4880/4885 (16350) levels. On the downward side the level
4735 may act as a short term trend decider level and may keep the sentiment muted below the same. Then we may
expect the market to trade between 4660 and 4735.
SESA GOA
PRICE: RS.362 RECOMMENDATION: BUY
TARGET PRICE: RS.400
