Technical Analyst, Mitesh Thacker of miteshthacker.com is of the view that Maruti Suzuki , Hero Honda still looking weak.
Thacker told CNBC-TV18, "Maruti Suzuki India and Hero Honda Motors had corrected quite a bit and while they were still looking weak. They have hit their weekly moving averages so some kind of bounce back is coming along with the fact that the market has pulled back very nicely. The largecaps are coming back into action, these two stocks will face lot of supply at higher levels, what we have seen is that the outperformance coming from the stocks like Mahindra and Tata Motors in this sector."
