SHORT TERM TRADES; SESA GOA, STERLITE INDUSTRIES, HIND ZINC

SESA GOA:

1. BUY at CMP 187
2. keep a deep stop loss at 166 closing basis.
3. It has a resistance at 191, breaking which, the target is 201 followed by 210 and then 224.
4. Time to targets: Depends upon when it breaks above 191, it will eventually but when is a bit of a variable. Anyway I think we should see 210 in a month or so. A time frame of 6-9 months could take it to 242

TARGET 201 HIT ON 2/1/2013

STERLITE INDUSTRIES:

1. BUY at cmp 114
2. Keep a strict stop loss at 95 closing basis
3. Resistance is at 117, breaking out above which, the target would be 131.
4. Time to target; 1-2 months.

HIND ZINC:

1. BUY at cmp 142
2. Keep a stop loss at 130 closing basis
3. Play for a 1 month target of 155.