Tech Edge : Buy Tata Motors Ltd For Target Rs.500/600 - Anand Rathi Share and Stock Brokers
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Tata Motors Ltd
? On larger degree chart; TATAMOTORS confirmed a range breakout from the previous swing high of 460.
? The stock also managed to breakout from the major falling trend line.
? Thus we advise traders to go long in the stock in the range of 470 – 460 with a stop loss of 400 for the upside target of 560 and 600 in 3 – 6 months.
Buy Tata Motors Ltd For Target Rs.500/600; CMP: 465; Stop Loss:400 ; Upside :29%
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