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Investment in Tata Motors

Discussion in 'Technical Analysis' started by sudheerpal2, Mar 28, 2018.

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  1. chaitanya_mella

    chaitanya_mella Contributor

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    chaitanya_mella, May 23, 2018
    Share #21
  2. saptarshi_sachin

    saptarshi_sachin Responder

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    saptarshi_sachin, May 23, 2018
    Share #22
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  3. shabbir

    shabbir Administrator Staff Member

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    Let us see how the stock reacts to it tomorrow. Expected downside but could be that everything could be in the price as well.
     
    shabbir, May 24, 2018
    Share #23
  4. chaitanya_mella

    chaitanya_mella Contributor

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    Looks like there is still some pain left. Wait for the bottom perhaps?


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    chaitanya_mella, May 24, 2018
    Share #24
  5. shabbir

    shabbir Administrator Staff Member

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    Yes seems so.
     
    shabbir, May 24, 2018
    Share #25
  6. bhat64

    bhat64 Apprentice

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    I see it bouncing back from these levels it has hit its long term support of 285-295. I am bullish on their domestic biz and new JLR launches coming up in India


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    bhat64, May 25, 2018
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  7. chaitanya_mella

    chaitanya_mella Contributor

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    Agreed. Good stock for anyone willing to dig in for few years. immediate upside could be limited.


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    chaitanya_mella, May 26, 2018
    Share #27
  8. shabbir

    shabbir Administrator Staff Member

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    Very limited fundamentally but I think some trading bounce will come. I was more interesting in seeing the interviews of the management and I would like to play the waiting game as of now.
     
    shabbir, May 27, 2018
    Share #28
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