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.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!