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Jul 12, 2012, 08.23 AM IST
Sudarshan Sukhani of s2analytics.com shares his view on Tata Motors (DVR).
Sudarshan Sukhani of s2analytics.com shares his view on Tata Motors (DVR) .
Sukhani told CNBC-TV18, "Tata Motors (DVR) had worst day than the equity. So while I could give some justification and say for the equity the process of bottoming out is going on. For the DVR it was very unusual to see this big cut and it has already come to its lows that it made, while the equity hasn’t done that. So there is a sell in the DVR."
He further added, "The point is that if the market remains cheerful in the morning then no need to go and take a short position. But this is a potential sell. If the market has become choppy we will be looking to sell it."
Tags: Tata Motors (DVR)
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