Positive on Tata Motors: Mitesh Thacker

Mitesh Thacker of miteshthacker.com told CNBC-TV18, "We have been keeping some kind of a positive bias on Tata Motors for some days around Rs 480 odd levels. It has given a good trigger. I think the first target is around Rs 535-540. Once we get past that there is a good chance that we head towards Rs 570-580 zone which is where stock has peaked out multiple times in last three years."Tata Motors closed at Rs 516.55, up Rs 16.20, or 3.24 percent.