Rajat Bose of rajatkbose.com told CNBC-TV18, "Personally I hold Balkrishna Industries and I am recommending June futures with a stoploss below Rs 1,612, Rs 1,668 and Rs 1,685 are the two targets."
"Second would be Ceat that will also have a stoploss of Rs 1,867 and targets are Rs 1,903 and Rs 1,914."
"Apart from that, the midcap auto ancillary stocks Shivam Auto, keep stoploss Rs 64 and target Rs 72. This stock is on a momentum. Yesterday it did well, prior to that it did well, so chances are this momentum would be maintained," he said.
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