Book partial profits in Tata Motors: Sukhani

Published on Tue, Feb 14, 2012 at 11:28 |  Source : CNBC-TV18

Updated at Tue, Feb 14, 2012 at 11:36  

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Sudarshan Sukhani , s2analytics.com

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Book partial profits in Tata Motors , says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Tata Motors has been a distinct outperformer. So the moment you start thinking about taking profits you should at least sell part of it. So take partial profits, but keep at least part of the stock, because this is not a short-term trade. Tata Motors is doing very well. You can see much higher prices later."

He further added, "Eventually the way the stock is rallying we should see it cross Rs 300 and probably touch Rs 350. It's not going to happen in a day, it will take time which is why I suggested keep part of it which becomes almost free for you and then wait patiently for those Rs 300-350 levels. They will come. Give the stock a bit of time."

  

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