Sukhani's view on TVS Motors, OnMobile Global, HDIL

Sudarshan Sukhani, s2analytics.com view on TVS Motors, OnMobile Global, HDIL.

July 02, 2012 / 16:02 IST
Story continues below Advertisement

Your browser doesn't support HTML5 video.

Sudarshan Sukhani, s2analytics.com view on TVS Motors, OnMobile Global, HDIL.

Sukhani told CNBC-TV18, “One should hold TVS Motor. The stock is now coming out of a trading range. It has already done that breakout on Friday. Today, most stocks are a little dull and subdued. So we can just safely ignore today’s price action. What should happen is that this stock should eventually reach Rs 40 or close by so that should be one’s target.” He further added, “OnMobile Global will be an overhang because the charts are very weak anyway. So I am not sure what hope I can hold for the investor. Ideally you want to get out of this and if you want to stay in this area, you buy Bharti Airtel or even Idea Cellular but this is not a good idea.” “Markets are likely to remain choppy today. But in this choppiness, I would expect HDIL to do a little better so any dip or correction in this stock should be used as an intraday buy.” Disclosure: I have no personal holding in any of the stocks discussed.
first published: Jul 2, 2012 03:13 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!