Buy Tata Motors on dips, says Sudarshan Sukhani of s2analytics.com.
Sukhani told CNBC-TV18, "There is some sense on the charts that Reliance Power is moving up. But one should not get into it; it’s fallen from Rs 108 to Rs 90. Now it is building some small base but there are so many other opportunities that it’s best to avoid it."
He further added, "I would buy Tata Motors. It went up and then it fell almost 15 points that’s about 6% on the back of Q1 reports and its beginning a rally again. It is now a buy on dips. We already are in a dip. The immediate target for this is Rs 245 from where it had fallen."
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