ravalanand
Long

TTMT: can look to go long for a quick buck.

NSE:TATAMOTORS   TATA MOTORS LTD
27 0 1
- Cash vs Future basis turning positive. Last week basis had traded into discount of as good as -20 bps             , whereas currently trading premium of 20 bps             .
- y'day spot witnessed lowest volumes for the month while deliver% also remained @ just 44% against average del % of 52%.
- technically the stock was trading on the lower band of the Bollinger lvl's and today it might just be able to close above the lower band.
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