amankavi
Short

Tata Motors - Play safe!

NSE:TATAMOTORS   TATA MOTORS LTD
50 0 2
Scrip is tangled within the consolidation zone of 420-485 since last 4 months
Shorters or swing traders can always take advantage to gain short profits with the momentum
Play safe - As the scrip can take major corrections (downwards) after GST             launch as tax levies doesn't appear favorable
http://economictimes.indiatimes.com/industry/auto/news/industry/hybrid-vehicles-to-attract-steep-gst-levies-of-43-to-impact-plans-of-maruti-suzuki-tata-motors-others/articleshow/58756656.cms
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