Amazing structure where 50 DMA has taken over 200 DMA, with less Debt and High Promoter share holding with the backing of Jagran, i expect this counter to move atleast 30% from here which should take this counter to 32 in near term.
Expecting rhis stock to take support at 220 levels and move upward towards 260-270 Zone with demand for houses increasing we can see an easy upside of abt 20-25% from current levels.
Important point is to keep in mind that LIC has an exposure of abt 9.9% in the stock (data from screener)
Disclaimer :- This is mainly for educational purpose, take your decision...
When fundamentals around really strong side even technicals have to take the back step.
With more than 12 models in pipeline in next 3 years Tata Motors will be the most wanted stock and it would be the best multibagger.
Even on technical front I believe that it will take support near to 280 - 300 zone and it will consolidate on those two levels only but my...
Amazing counter with zero debt is a muat buy, their product offerings as estimated future growth will trigger spike in share prices keep trailing SL at 49 long term targets at 110, 130, 150..
Kindly trade at your discretion analysis is for education purposes only.