amankavi

Jun 21, 2017 2:45 PM

Tata Motors - Play safe! Short

NSE:TATAMOTORS1D

TATA MOTORS LTD.NSE

Description

⋅ Jun 21, 2017 2:45 PM

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
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