TATA MOTORS LTDLong
Is this really trend reversal? Well Don't fall for it
When fundamentals around really strong side even technicals have to take the back step.
With more than 12 models in pipeline in next 3 years Tata Motors will be the most wanted stock and it would be the best multibagger.
Even on technical front I believe that it will take support near to 280 - 300 zone and it will consolidate on those two levels only but my target on the stock is at 458-500 in next 18 months.
So if you have invested in this stock keeping long term in mind then you don't have to worry at all but if you are a positional investors then you should take your call basis 280 support levels.
Any exponential uptrend deserves a healthy correction of 10-15%.
Disclaimer :- This is for Educational purpose only, please invest at your on call and risk.
With more than 12 models in pipeline in next 3 years Tata Motors will be the most wanted stock and it would be the best multibagger.
Even on technical front I believe that it will take support near to 280 - 300 zone and it will consolidate on those two levels only but my target on the stock is at 458-500 in next 18 months.
So if you have invested in this stock keeping long term in mind then you don't have to worry at all but if you are a positional investors then you should take your call basis 280 support levels.
Any exponential uptrend deserves a healthy correction of 10-15%.
Disclaimer :- This is for Educational purpose only, please invest at your on call and risk.
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