Tata Motors DVR looks set for gains if it closes above Rs.115 with targets of Rs.185 and Rs.208 in sight. The positional call on this one will become active only above Rs.115 and the targets might come in a few months to a year.
It is been observed on the Monthly chart that the price action broke above the downward trendline after 10 years indicating a big move ahead. It is indicating buyers comeback and it shall further take the price up. Interesting thing is that fundamentally the stock is trading below its intrinsic value, which qualifies it for a good investment.