Although Tata Motors stock is down more than 70% from its fall, there is still no signal for a reversal in monthly chart.
But it may give a good returns in next 1-2 months.
Tata Motors can give a returns upto 30-40%, as we can see a growth in volume ans RSI is in oversold position.
Also in daily and weekly chart buying has been seen forming Bullish Divergence.
We can set a target of 250 in next 2 months.
But it may give a good returns in next 1-2 months.
Tata Motors can give a returns upto 30-40%, as we can see a growth in volume ans RSI is in oversold position.
Also in daily and weekly chart buying has been seen forming Bullish Divergence.
We can set a target of 250 in next 2 months.
Trade closed: target reached