Buy Tata Motors , says Sudarshan Sukhani of s2analytics.com is of the view that one can buy Tata Motors.
Sukhani told CNBC-TV18, "There is only one trade in Tata Motors. It keeps going up and you have to try and catch some kind of a small pullback and hoping that the keep going up momentum continues. So Tata Motors is a buy. All of the trades we are discussing now in a choppy market are essentially a couple of days. The markets will change very quickly."
He further added, " Punjab National Bank has been a distinct underperformer in the banking sector and yesterday it fell. It's been falling in anticipation I suppose, but the decline continued. So when the news itself reacts, the market reacts by more declines. It tells us that the news is not fully digested. PNB is a short sell. A nice trade would be to buy State Bank and sell PNB."
Disclosure: I have no personal holding in the above stocks.
