Exit TVS Motor with short term view: Sudarshan Sukhani

Written By Unknown on Rabu, 18 Maret 2015 | 14.02

According to Sudarshan Sukhani of s2analytics.com, one can exit TVS Motor Company with a short term view.

Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Markets are going into a consolidation and three to six months is too little a timeframe to say what will happen. I think one should plan an exit slowly and steadily from TVS Motor Company . Get out of it if one is a short-term trader."

"If one is a long-term investor there is nothing to worry about. However, if you are a short-term trader markets can become very choppy in the near-term, so you should plan to exit."

At 11:56 hrs TVS Motor Company was quoting at Rs 279.70, down Rs 3.55, or 1.25 percent. It has touched an intraday high of Rs 284.05 and an intraday low of Rs 277.10.

Disclosure: Analyst does not have positions in the stock.


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