Hero Honda will now move faster than Maruti stocks: Sandeep Wagle

In a chat with ET Now, Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, gives his views on auto stocks. Excerpts:

You have a buy call on Maruti. Do you like any other stock within the auto pack?

We have a buy at lower levels. Since yesterday, it has moved up quite a bit. It was up some 3-4% yesterday. We have a buy in the range of 1400 to 1388. It has just come in this range and this is a level to buy. Yes, we also like Tata Motors and Hero Honda in the auto pack and possibly Hero Honda will now move faster than Maruti. So if you ask me about any other stock, I will go for Hero Honda at this point of time.