TATA MOTORS LTD
Long

TATA Motors good upside potential

Tata Motors has recently seen some correction from its recent highs. It's currently trading around 295 which is quite close to the support level of 285. One can plan to go long around 280-285 levels if some upside move begins. The previous breakout around the same level occurred with good volumes and the stock seems to be ready for a new high after moving sideways in the consolidation phase for quite some time.

Disclaimer