Pushkaraj1999

downfall of tatamotors and support to bounce back

Pushkaraj1999 Updated   
NSE:TATAMOTORS   TATA MOTORS LTD.
At this point of time TATA MOTORS is going through a very rough patch of time. There is no significant change in the fundamentals of the company. The company has given great returns in the past years. The stock is continuously falling due to the negative news. I think the negative news have already shown their effect. Now, what the stock is observing is fall due to market correction.
In this chart we can see that tata motors is showing downside till 25.
yes till 25rs tatamotors will go.
25 is alltime major support which was made in 2009.
it will bounce back from 25 and will recover upto 125 to 150 rs .

Comment:
let tata motors come under 50 range and then buy.
stocks recover quickly so keep an eye
Trade active:
Star buying small amount
Trade active:
time to buy target would be 130 - 150 -180- 220

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