Long

tatamotors 161 % target price is 1480

hello trading viewers

presenting to you tatamotors monthly analysis

at 1st january 2015 price making high @ 605

and after 9 years now today price is only 935

so in last 9 years only 56% return happend

febonaci from jan 2015 high to april 2020 low

161 % is 1480 is my minimum target with the stop loss of 850

Note

Market Cap ₹ 3,44,236 Cr.
Current Price ₹ 935
High / Low ₹ 1,179 / 622
Stock P/E 10.2
Book Value ₹ 255
Dividend Yield 0.32 %
ROCE 20.1 %
ROE 49.4 %
Face Value ₹ 2.00

Note

currently trading at cheapest price/earning compare to
other 4 wheeler like
maruti
M&M
and hyundai motor

Note

Disclaimer :- Technical Analysis Charts provided for research purpose. Please be aware of the risk's involved in trading & seek independent advice, if necessary.

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if this idea is use full
like and share also follow and comment your thought about this analysis

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again typing mistake its 261 % target is 1480

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fundamentals
in.tradingview.com/symbols/NSE-TATAMOTORS/financials-overview/

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all motor stocks have fall like a waterfall but tatamotors survive currently

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currently trading at strong support on daily chart

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can be fly next day

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@800 look good for long term 3 to 5 years view

sk_4587

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