Buy Tata Motors, Hero Moto: Manish Hathiramani

Manish Hathiramani of Deen Dayal Investments told CNBC-TV18, "Tata Motors is a buy with a target of Rs 420 and a stop loss of Rs 400. The level of Rs 390 was a crucial resistances on the stock and even in the downtrend of the markets we see a lot of resistance. It could be a good trend to actually do a counter trend on a falling market." "A buy on Hero Motocorp with a target of Rs 2,69 and a stop loss of Rs 2,950. Like Tata Motors, Hero Motocorp has also been very resilient in the Nifty. It is positive as long as it does not break the levels of Rs 2,530," he added.