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Hobbytopassion_ManishJain
Jun 7, 2023 1:42 PM

Tata Motors Looking bullish Long

TATA MOTORS LTD.NSE

Description

Tata Motors completes the Inverted H&S pattern today and is looking bullish for the medium to long term with a horizon of INR 1000/- (almost double the price today).

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Although the target has been achieved however since TATA MOTORS announced the demerger on 04/March/2024, its impact and other questions are answered herein to my YouTube channel.
Interested investors and traders may watch the same.
Observations and comments are welcome.

Comment

My YouTube channel link is now updated.

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Consider subscribing to my YouTube channel for more insights
Comments
bhaskarvenuganti
can I hold? Tata motors bought @790
reyhan12ansari
600 ke uper buy karenge
Hobbytopassion_ManishJain
@reyhan12ansari, I feel, even current levels are good to go. However you may consult your advisor before taking final call on it.
kunal_finner
good idea. fundamentals are great too
Hobbytopassion_ManishJain
@lazy_kunal, yes true!
zAngus
Hi there, well done on starting to share your ideas with us. We hope you enjoyed the process. Hope the trade goes well for you.

From mod @zAngus
Hobbytopassion_ManishJain
@zAngus, Yes it’s good! Thanks
zAngus
@jainmanishdy, some of the second hand car companies have reported good earnings. Might mean people are buying new cars again which could help TATA too.
Hobbytopassion_ManishJain
@zAngus, haha!!
Yes, it seems a by-product of our estimates.
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