Investment in auto space not suitable at this stage: www.aptartindia.com
Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com in an interview to ET NOW said Tata Motor is showing weakness. Some strength in Maruti and Hero Honda but that move has already come so at this level that there a...
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| Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com in an interview to ET NOW said Tata Motor is showing weakness. Some strength in Maruti and Hero Honda but that move has already come so at this level that there are no reasons to buy.
On the charts any particular reason to be in automobiles?
In Tata Motor I am finding weakness. Some strength in Maruti and Hero Honda but that move has already come so at this level I will not find reasons to buy and may it will be go further up by 2%-3%-4% but doesn't make sense playing for that move. I would be on the sidelines possibly think of booking profits if you bought at lower levels.
On the charts any particular reason to be in automobiles?
In Tata Motor I am finding weakness. Some strength in Maruti and Hero Honda but that move has already come so at this level I will not find reasons to buy and may it will be go further up by 2%-3%-4% but doesn't make sense playing for that move. I would be on the sidelines possibly think of booking profits if you bought at lower levels.
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