Tata Motors is trading in a very narrow range and we expect the stock to breakout from the range. A strong upside momentum is expected above 300. The position for tata motors will be bullish above 300 for an immediate target of 308 followed by 314. A level of 292 looks like a strong support and stoploss should be kept below this level.
Comment:
Expected to see some fire power above 300
Trade closed: target reached:
As i told we will see some fire power above 300. Target reached. Positional players can stay in the trade with a target of 323.