Raghulramdoss

Bullish on TATAMOTORS

Long
Raghulramdoss Updated   
NSE:TATAMOTORS   TATA MOTORS LTD.
This scrip had brokeout from the C&H pattern, by going with the pattern the target will be around 22%-25% and the SL can be below the support level. It provides us the RRR of 2.25 i think it can be achieved in next 2-3 months as there's a festival season, there can be increase in Company Sales which may reflect in scrip too.
Trade closed: target reached:
I hope you would have booked some nice profit in this trade. Long term investor may even hold it for another 2-3 years as experts believe semi conductor shortage will be resolved in H2CY22

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