Happy_Candles_Investment

Tata Technologies Trying to bounce after forming a bottom.

Long
NSE:TATATECH   TATA TECHNOLOGIES LTD
Tata Technologies Ltd. CMP – 1130.30 (Long Term Investment Idea) (Potential Candidate for becoming a Portfolio Stock in future)

Market Capitalization Rs 45,852.7Cr

Red Flags:🔴
High Valuation
Declining cash from operations annual

Green Flags:🟢
No debt
Zero promoter pledge
FIIs are increasing stake
MFs are increasing stake
Improving annual net profit

Happy Candles Number – 42/100

X/2 Fresh Entry/ averaging / compounding after closing above 1132
Final Entry 1166
Targets: 1203, 1227 and 1257
Long term target: 1286, 1348 and 1404
Stop loss: Closing below 1070

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Happy Candles Investment
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