Tata Motors may test Rs 300, says Sukhani

Published on Tue, Feb 14, 2012 at 19:26 |  Source : CNBC-TV18

Updated at Tue, Feb 14, 2012 at 19:35  

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Sudarshan Sukhani, s2analytics.com

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Tata Motors may test Rs 300, says Sudarshan Sukhani of s2analytics.com.

Sukhani told CNBC-TV18, "Tata Motors could surprise on the way up because it has already been surprising pleasantly. So I don't think there is any need to take profits expect for traders, as a matter of tactics they may want to cash in, but that's a different story, but it's wise. The sooner or later, we will see Rs 300 here."

He further added, " Reliance Communications is going through a rough patch, but it will get over it. For the others, I would not touch the other ADAG stocks at all in spite of these small rallies because all the time we must remember the context from where they have fallen. Reliance Capital fell from Rs 2800. So at Rs 400 odd it's not a buy, not yet."

  

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