Sell Sterlite Industries, RIL, Jindal Steel: Sharekhan

Somil Mehta of Sharekhan is bearish on Sterlite Industries, Sesa Goa, Reliance Industries and Jindal Steel.

Sterlite Industries

Investors should sell Sterlite Industries with a target of Rs 105 and stoploss of Rs 126.

Sesa Goa

One should exit Sesa Goa with a target of Rs 185 and keep s stoploss of Rs 216.

Reliance Industries

Investors should sell Reliance Industries with a target of Rs 780. The stoploss for this selling is Rs 900.

Jindal Steel

Investors should sell Jindal Steel with a target of Rs 480 and stoploss of Rs 581.

Note: This is short-term call valid for one week only.