Prefer Bajaj Auto, Tata Motors: Devangshu Datta

Prefer Bajaj Auto and Tata Motors, says Devangshu Datta, Consulting Editor, Business Standard.

Datta told CNBC-TV18, "In Tata Motors I would be interested in seeing whether it can go past the Rs 315-320 level. It had a series of small breakouts followed by further breakouts. So yes, Rs 350 and Rs 320 would be I guess where one is looking for. It looks like a fairly strong uptrend."
He further added, "In Bajaj Auto there has been some sort of positive move today. Mahindra still seems to be down. Maruti again I think is still a little down. So, Bajaj and Tata Motors would probably be my primary choices in the auto space if you are looking to go long."