SumukhK

TATA MOTORS - Accumulation Zone

NSE:TATAMOTORS   TATA MOTORS LTD
TATA MOTORS - is a Tata group flagship company which has investors sitting on heavy notional losses
fundamentaly the company is on right path with Investments into EV , new launches & divestment of JLR
May 2004 - low of 59.35 - marked with Flag
July 2004 - low of 62.95 - marked with Flag
May 2009 - low of 48.80 - marked with Flag
July 2009 - low of 50.30 - marked with Flag
Current resistance stands at 73.7 - 75 levels - marked with red line
with this many support zone a sl of 46 can be considered to accumulate Tata Motors, slippage below
46 opens door for 20-24 levels
NOTE: One should consult their financial advisor before making any decision to buy or sell equities
Trade active: Trade active with entry at 63-65 levels last week - One can book partial or full at 74-75 levels based on their appetite and trade strategy - can make re-entry again at 65, 59 and below
NOTE: One should consult their financial advisor before making any decision to buy or sell equities
Trade active: Partial booking is suggested at 93 levels
NOTE: One should consult their financial advisor before making any decision to buy or sell equities

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i think ye abhi aur gire ga.
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