M&M and Tata Motors good picks in the automobile space: Sandeep Wagle, APTART Technical Advisory Services
Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, in a chat with ET Now talks about automobile stocks.
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| Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, www.aptartindia.com, in a chat with ET Now talks about automobile stocks.
Talking about the frontline automobile stocks, which we did see a good run-up, do you have any picks within that sector?
If you ask me picks, I will not enter at this level but I am comfortable in M&M and Tata Motors, this would be my two picks. I still see an upside of 5-7% and I am comfortable buying it on the declines of possibly 1.5-2% for a 5-7% upside move.
Talking about the frontline automobile stocks, which we did see a good run-up, do you have any picks within that sector?
If you ask me picks, I will not enter at this level but I am comfortable in M&M and Tata Motors, this would be my two picks. I still see an upside of 5-7% and I am comfortable buying it on the declines of possibly 1.5-2% for a 5-7% upside move.
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