Buy Motherson Sumi: Somil Mehta

ET Now spoke to Somil Mehta, Sr. technical Analyst, Sharekhan, on his view on Motherson Sumi.

How about Motherson Sumi?

Motherson Sumi is looking good. It has been consolidating now and it has been forming a triangular pattern so I am expecting a breakout on the upside. I have a target of around Rs 210. Volumes have been good and momentum indicators have given buy signals. So I think Motherson Sumi is a good buy at this level.