Motherson Sumi may test Rs 470: Chandan Taparia

Chandan Taparia of Anand Rathi told CNBC-TV18, "Motherson Sumi is making an attractive price pattern, it is trading near its lifetime high. We have seen a strong momentum in last two trading sessions. After the short covering, the stock is making the face built up of long position."

"We are expecting the momentum to continue. Keep the position with the stoploss of Rs 435 and play for the upside target of Rs 470 on coming trading sessions," he said.