Feb 18, 2013, 01.55 PM | Source: CNBC-TV18
Tata Motors can touch Rs 335-337, says Sudarshan Sukhani of s2analytics.com.
Sudarshan Sukhani (more)
Technical Analyst, s2analytics.com | Capital Expertise: Equity - Technical
Sukhani told CNBC-TV18, " Tata Motors could again see Rs 335-337, its earlier highs. The charts are very nice."
He further added, " HUL was a buy in the morning - that was in our buy list. I am gratified to see it going up. At least in the short term HUL is going to be an outperformer."
At 13:36 hrs Tata Motors was quoting at Rs 303.80, down Rs 0.25, or 0.08%. It has touched an intraday high of Rs 306.30 and an intraday low of Rs 301.70.
The share touched its 52-week high Rs 337.05 and 52-week low Rs 213.90 on 10 January, 2013 and 26 July, 2012, respectively. Currently, it is trading 9.87% below its 52-week high and 42.03% above its 52-week low. Market capitalisation stands at Rs 96,906.31 crore.
Disclosure: I have long positions in the Nifty.
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