1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Investment in Tata Motors

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

Tags:
Page 2 of 2
  1. chaitanya_mella

    chaitanya_mella Contributor

    Joined:
    May 20, 2017
    Messages:
    141
    Likes Received:
    109
    chaitanya_mella, May 23, 2018
    Share #21
  2. saptarshi_sachin

    saptarshi_sachin Responder

    Joined:
    Jul 20, 2013
    Messages:
    285
    Likes Received:
    73
    saptarshi_sachin, May 23, 2018
    Share #22
    shabbir and chaitanya_mella like this.
  3. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    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

    Joined:
    May 20, 2017
    Messages:
    141
    Likes Received:
    109
    Looks like there is still some pain left. Wait for the bottom perhaps?


    Sent from my iPhone using DIY Technical Analysis mobile app
     
    chaitanya_mella, May 24, 2018
    Share #24
  5. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    Yes seems so.
     
    shabbir, May 24, 2018
    Share #25
  6. bhat64

    bhat64 Apprentice

    Joined:
    Oct 27, 2016
    Messages:
    230
    Likes Received:
    249
    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


    Sent from my iPhone using DIY Technical Analysis mobile app
     
    bhat64, May 25, 2018
    Share #26
    chaitanya_mella likes this.
  7. chaitanya_mella

    chaitanya_mella Contributor

    Joined:
    May 20, 2017
    Messages:
    141
    Likes Received:
    109
    Agreed. Good stock for anyone willing to dig in for few years. immediate upside could be limited.


    Sent from my iPhone using DIY Technical Analysis mobile app
     
    chaitanya_mella, May 26, 2018
    Share #27
  8. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,703
    Likes Received:
    1,940
    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
    chaitanya_mella likes this.
Page 2 of 2