Report on Tata Investment by Ventura Securities Ltd
Tata Investment
View-Medium Term Bullish
CMP 8144.6-Target 12000
The stock started its Downfall from 9705 (March 2024). Lower tops followed and stock corrected, making a low of 5147 in Feb 2025. As seen in the above charts the Stock took support of the averages and bounced back.
Recently stock attracted buying and made a high of 8250, breaking out from Symmetrical Pattern backed by above average volume support
The breakout has happened after a long consolidation phase from April 2024 to August 2025. Stock is trading above all averages.
Indicators like William % R, DMI & MACD suggest Positive Uptrend.
Target of 12000 is expected & further addition is suggested at lower support levels at (7575-7150) in case of intermediate fall.
A stoploss in the trade should be kept at 6775.
The 200 SMA is in rising mode at 4125.
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