Above Rs 476-477, Tata Motors may test Rs 510: Mitessh Thakkar

Mitessh Thakkar of miteshthacker.com told CNBC-TV18, "Tata Motors is kind of being going through correction and any sustained move about Rs 476-477  will give at least a short-term reversal. I would then look at target close to about Rs 510 on the upside. So, that is a very positive set-up." 

"Maruti Suzuki managed to somehow hold on to support levels at Rs 5,950 and as long as that is being maintained on the upside Rs 6,220 could be revisited. That is the range I am mapping for the stock. I believe that once it breakouts then will have more of a directional move. For the time being it is at 270 point kind of range," he said.

"ACC can do extremely well today. It has kind of started a short-term up move and I think targets are close to about Rs 1,485 to begin with and we might even see Rs 1,525 happening over here."