Pick up SAIL in small quantities if it dips to 188-190, which will look quite attractive for this INDEX stock, since it will bounce back to 210-215 levels in a few months time.
I think SAIL should post better numbers in Q3 and Q4 owing to softening of iron ore prices; price of coking coal remains a slight concern though. But at 188-190, I would still consider SAIL to be a safe buy.
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