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haxorchandan
Dec 27, 2023 3:22 PM

Long-Term Vision: Tata Motors and the Cup & Handle Strategy Long

TATA MOTORS LTD.NSE

Description

Tata Motors

Current Market Price: ₹740.90
Target: ₹4328
Stop Loss: ₹290
Strategy: Cup and Handle


I believe Tata Motors is exhibiting a cup and handle pattern, indicating a potential bullish trend. This not only presents a short-term opportunity but is also well-suited for long-term investors. With the current market price at ₹740.90, the target is set at ₹4328 with a stop loss at ₹290. This analysis is based on the cup and handle pattern, suggesting a favorable opportunity for potential gains over the long term.

(Note: I am not a SEBI registered advisor. Please conduct your own research or consult with a financial advisor before making investment decisions.)
Comments
dharmeshpandya79
Long term 3 year. ???
haxorchandan
@dharmeshpandya79, It's unlikely that any stock can guarantee a 700+ return in a span of 3 years.
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