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abu_huraira
Dec 15, 2018 10:11 AM

Tata Motors - A Short Term Buy Long

TATA MOTORS LTD.NSE

Description

Although Tata Motors stock is down more than 70% from its fall, there is still no signal for a reversal in monthly chart.
But it may give a good returns in next 1-2 months.
Tata Motors can give a returns upto 30-40%, as we can see a growth in volume ans RSI is in oversold position.
Also in daily and weekly chart buying has been seen forming Bullish Divergence.
We can set a target of 250 in next 2 months.

Trade closed: target reached

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