SP Tulsian positive on Maruti Suzuki, Mahindra and Mahindra

Investment Advisor SP Tulsian positive on Maruti Suzuki, Mahindra and Mahindra.

Tulsian told CNBC-TV18, "My liking goes more for the Maruti Suzuki and Mahindra and Mahindra. I don’t think that I am really honestly convinced with it because one has not seen the offtake in the commercial vehicle segment and one has to really wait post September 30 once the depreciation benefit goes away then how that segment will perform. So my view is more on positive on Maruti Suzuki and M&M and mainly from the trading point of view. Both these stocks gives one a lot of trading opportunity with Maruti holding level of Rs 1,350 and going as high as Rs 1,550 and if one get two cycles also in a series that gives a lot of comfort and trading profit to the traders."