Hey guys! I am not a sebi registered analysts hence this is not a buy recommendation, it's just my views for this stock. Do consult your financial advisor before buying any stock.
I feel Tata Motors DVR is a buy at 206 - 210 levels as there are high chances of stock coming down to fill the gap as we can see it in our daily chart. High possibility of stock bouncing from these levels. If someone has fear of missing out, one can start accumulating from now in small quantities upto 206-210 levels.
Keep this stock for a target of around 300+ or can keep as an Investment too because of the EV story.
Now the question is why Tata Motor DVR and not Tata Motors Ltd?
The Answer is that the discount percentage currently between TML and TML-D is not appropriate at all. As from the historical data it has been seen that the discount percentage is maintained around 30-35%, while currently it is more than 50%.
Hence this gap between TML-D and TML while also reduce.
Hence you can enjoy the gap difference + the EV rally.
View negated if price closes below 194.
I am open to any queries or suggestions :)
Thank you.
I feel Tata Motors DVR is a buy at 206 - 210 levels as there are high chances of stock coming down to fill the gap as we can see it in our daily chart. High possibility of stock bouncing from these levels. If someone has fear of missing out, one can start accumulating from now in small quantities upto 206-210 levels.
Keep this stock for a target of around 300+ or can keep as an Investment too because of the EV story.
Now the question is why Tata Motor DVR and not Tata Motors Ltd?
The Answer is that the discount percentage currently between TML and TML-D is not appropriate at all. As from the historical data it has been seen that the discount percentage is maintained around 30-35%, while currently it is more than 50%.
Hence this gap between TML-D and TML while also reduce.
Hence you can enjoy the gap difference + the EV rally.
View negated if price closes below 194.
I am open to any queries or suggestions :)
Thank you.