Tata Motors may go upto Rs 400: Vishal Malkan

Vishal Malkan, CMT at www.malkansview.com told CNBC-TV18, "I would definitely recommend to hold Tata Motors, because it has been outperforming the market in spite of the carnage. It has been holding onto that Rs 280 and Rs 300 levels, whereas the peers have gone down sharply both Maruti Suzuki India and Mahindra and Mahindra (M&M).”

“I see something cooking there and it should be a good pick for the short-term and it can even go to around Rs 400 levels if one is ready to hold on for more than 8-9 months. In the short-term one can immediately see levels of Rs 320-330 in the next couple of months.”

Disclosure: It is safe to assume that I & my clients may have an investment interest in the stocks/sectors that have been spoken about.