May 29, 2012, 12.37 PM IST

Hold Tata Motors; Exit ONGC: Sukhani

Sudarshan Sukhani, s2analytics.com is of the view that one can hold Tata Motors it can touch Rs 300. Switch from ONGC to Axis Bank, State Bank, ICICI Bank.

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Sudarshan Sukhani, s2analytics.com is of the view that one can hold Tata Motors it can touch Rs 300. Switch from ONGC to Axis Bank, State Bank, ICICI Bank.


Sukhani told CNBC-TV18, “I think Tata Motors has the potential to touch Rs 300 in the next three months. So I would advised to hold onto the stock.”


He further added, “ONGC is probably bottoming out. I would think that if this is an investment then one may like to switch to the banks. The banks are my favorites, its not just that they are high beta stocks so at this point one may like to get out of ONGC take that loss and buy Axis Bank , State Bank of India , ICICI Bank .”


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