Tata Motors a trading bet, says Sukhani

Published on Fri, Feb 17, 2012 at 17:27 |  Source : CNBC-TV18

Updated at Fri, Feb 17, 2012 at 17:52  

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Sudarshan Sukhani, s2analytics.com

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Tata Motors is a trading bet, says Sudarshan Sukhani, s2analytics.com.

Sukhani told CNBC-TV18, " M&M is a stock that has currently been underperforming its other peers. That is making a fairly bullish pattern which suggests that a long term trend is now emerging. That's a long term uptrend. So that's one stock that traders should keep on their radar because next week is truncated anyway. So that's the stock for next week."

He further added, "In general Tata Motors, the uptrend is intact. Since we are speaking about next week and it has run up a lot, it would cool off next week but otherwise Tata Motors should also remain in traders picks."

  

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