Entry @ 3700 Reasons for Buying: 1. No Supply in the market 2. Good Institutional Support 3. Excellent Annual EPS Growth
Entry: 990 Stop-loss can be as small as 4%. Re-enter in case of shake-out. Target should at least be quick 20-25%, although it has the potential to give much more over a longer duration. Reasons for Buying: No Supply in the market. Background: 1. Extremely Good Annual EPS Growth 2. Good Institutional Support
Entry: 1100 Stop Loss: 8% from the purchase price. Re-enter in case of shake-out. Target: At least 20 - 25%. Trail in case of momentum loss. Background: 1. 60% Annual EPS Growth 2. Good Institutional Support
Entry: 1054 Stop Loss: 975 (7.5% from entry) Target: 20-25% Background: 1. 39% Annual EPS Growth 2. Good Institutional Support
1. Breakout on trendline + good volume 2. Cup and Handle Pattern
Pros: 1. Strong momentum 2. Cup and handle pattern 3. Good trend in place 4. Broker Reports positive for TATA Motors. Cons: 1. Currently the financials of TATA motors don't look good.