Buy Sesa Goa, says Anu Jain

VP-IIFL Private Wealth Management at India Infoline is of the view that one can buy Sesa Goa.

Jain told CNBC-TV18, "We have seen Sesa Goa quite buoyant despite the fall in the world markets or the metal prices of the last two weeks. Despite the last three days of our market, its consistently stayed over its ten day moving average and its giving a breakout and that too a far larger kind of a level in the medium term. You will probably see somewhere around Rs 320 in this and it's a good stock to buy. In the short term it can go upto Rs 256-257, in the long term I see this as one of the leading metal stocks, which has continued to kind of outperform."