May 21, 2012, 12.01 PM IST | Source: CNBC-TV18

Buy Tata Motors, SBI: Sukhani

Sudarshan Sukhani of s2analytics.com feels that one can buy Tata Motors, SBI.

Sudarshan Sukhani of s2analytics.com feels that one can buy Tata Motors, State Bank of India (SBI) Sukhani told CNBC-TV18, “I would be long in Tata Motors with the understanding that it need not work out in the first place because you could easily get stopped out but still the attempt would be to buy this dip. This is not a bear market in Tata Motors, it’s just a normal healthy correction and the idea should be to buy and maybe even today, a target of Rs 260 could be achieved.”

He further added, “ State Bank of India should see follow through today also and an immediate target of Rs 2050 is possible. Any intraday consolidation in SBI should be bought into.”

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