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sanjaysingh2550
May 21, 2020 4:28 PM

Tata Motors -- Deep in Debt but in support zone Long

TATA MOTORS LTD.NSE

Description

Tata motor is deep in debt but technical chart is in multi year support zone.....Stock could be good for a small rally in few months time...could give 50-80% returns easily in 6- 12 month time frame.
Comments
samyr99
Appreciate ur view on Glenmark Pharma .
sanjaysingh2550
@samyr99, Excellent stock for buying if you are a investor with 1-2 years time frame. If you are a intraday trader, then the stock is trading in range.
samyr99
@sanjaysingh2550, yes am investor can glenmark reach 600+
sanjaysingh2550
@samyr99, Yes...Pharama stocks are leading this rally....Targets should be 800+ for investors....Rest is the game of probability..don't keep all the eggs in same basket :p
samyr99
@sanjaysingh2550, sure thanks a ton for the analysis and response
samyr99
@samyr99, sure almost halfway now 405

Possibly it can go down due to profit booking ? Or no resistance until 500?
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