Buy Maruti Suzuki, Mahindra & Mahindra: Mitesh Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "I am not very aggressive in banking, but I think auto names do interest me. In the short term, I still like Maruti Suzuki, if somebody has not bought it, I think I would be comfortable recommending buying this one, keep a stop loss just below levels of around Rs 5,160 and Rs 5,400 plus is what I am looking for.""Similarly, Mahindra & Mahindra was buy recommendation today. It remains a buy, the stock is heading towards a level of Rs 1,240-1.250 on the upside. The other one which is very interesting is Tata Motors very is clearly has a good intraday setup, finally recaptured the 200-day average, it should head towards levels of around Rs 475-480 on the upside," he said.