Kunal Saraogi of Equityrush told CNBC-TV18, "Motherson Sumi Systems has been an outperforming stock, a great breakout has happened in today's trade and the stock has finally cleared Rs 500. It can get to Rs 550-520 if the momentum continues. One should put a stop loss at Rs 495 and go long on Motherson Sumi."
"Although Voltas has come off the days high but the over all trend remains positive, it has got a very positive chart structure. It can be bought with a target of around Rs 300 and one should put a stop loss at Rs 280 and go long," he said.
Disclosure: Analyst does not have any positions in the stocks
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!