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Published on 16/10/2020 10:19:34 AM | Source: Religare Broking Ltd

Buy Tata Motors Ltd For Target Rs. 8 - Religare Broking

Posted in Broking Firm Views - Short Term Report| #Tata Motors Ltd. #Auto Sector #Trading Report #Religare Broking Ltd

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Derivative Ideas

TATAMOTORS FUTS added 8% in open interest addition as short buildup was seen in it in till closing time. Current chart pattern also indicates further down move in its price. We suggest buying TATAMOTORS 125 PE as per below levels.

Strategy:- BUY TATAMOTORS 125 PE BETWEEN 4-4.50 STOPLOSS AT 2 TARGET 8.

 

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