TTM Tata Motors beginning to look oversold touching down to a long term support level from 2011 today. Expecting a bounce from this level in the medium term. Targeting $19-$20 area by year end.
Comment
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Note: Informational analysis, not investment advice.
i still feel this is a good strong support. added huge Jan calls just now. This is going to b my big winner.
your_land
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heading 8, compare 20 July 2015, same RSI but crashed from ~30 to ~22, 30% off, it's about $8 target
trend very similar and there is no chance to exit during the down slide
your_land
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Do you expect 1-day push further to 12-13 level?
Triple_Barrel_Capital
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@your_land, no that's not what I'am expecting...but anything can happen. Could depend on trajectory of overall market this week.