Mitesh Thakkar of miteshthacker.com told CNBC-TV18, "We have been positive on tyre since yesterday. Ceat gave a breakout and MRF is doing that right now. That is a buy with a stop at Rs 53,200 and I would look at target lose to about Rs 56,500."
"The other one which I like is Godrej Consumer. That is a buy with a very tight stop loss of Rs 1,644 and I expect this stock to head towards levels of around Rs 1,690-1,695 on the upside," he said.