Do not buy auto stocks: Sukhani

Technical Analyst, Sudarshan Sukhani suggests not to buy auto stocks.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap Tech Control

Budget 2017

Presented By:

DAYS hours minutes

Co-Presenting Sponsor :

Associate Sponsors :

Co-Presenting Sponsor :

Associate Sponsors :

Home » News » Stocks Views

Sponsored by :

Dec 12, 2008, 12.47 PM | Source: CNBC-TV18

Do not buy auto stocks: Sukhani

Technical Analyst, Sudarshan Sukhani suggests not to buy auto stocks.

Like this story, share it with millions of investors on M3

Do not buy auto stocks: Sukhani

Technical Analyst, Sudarshan Sukhani suggests not to buy auto stocks.

Post Your Comments

Share Cancel

Sudarshan Sukhani, Technical Analyst, .
Technical Analyst, Sudarshan Sukhani suggests not to buy auto stocks.

Sukhani told CNBC-TV18, " M&M , Tata Motors were looking bad earlier also and the rally was primarily just an excuse for I suppose for some smart money people to get out of them. I don’t think auto is an industry or a sector that is doing well, it is not even an outperformer. So, I don’t suggest anyone buying into it. Anyone trading in it on the long side, construction, cement and PSU banks are the favourite sectors."

Disclosure: Analyst has delta neutral positions in the Nifty and investments in shares.

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login