Hold Tata Motors, buy RIL on dip: Sukhani

Sukhani told CNBC-TV18, "I see Tata Motors is going up may be to Rs 260-265. I should hold on the stock. I have also explained that I am upbeat on the broad market. If the Nifty is going to go up then a lot of these blue-chips will also move up and the Nifty will carry them along. Hold on to your stocks till Rs 260.”

He further added, “See our target for Reliance Industries was Rs 850 and Reliance has seen a remarkable 15% rally, almost a straight-line rally. For short-term trader, this is probably a good time to take profits on Reliance. One can always buy it on a dip and can switch to banks which to me appear much more attractive in the short-term.”