Wednesday, September 16, 2020

WHAT WILL BE THE NEXT IN TATAMOTORS ?


"BUY 2 LOTS  TATAMOTORS FUTURE ABOVE 152.20 TARGET 154 SL  150.20"

"SELL 2 LOTS TATAMOTORS FUTURE BELOW  150 TARGET  147.20 SL 152"

Today market was in the favour of bulls amid india-china border tensions. Sensex was up 112 points at 39156, and the nifty gained 31 points at 11553.among the sectors, the auto index gained over a percent led by mahindra & mahindra which jumped almost 5 %. It was also the top  gainer. The other gainers included tata motors and bajaj auto which added 2% followed by eicher motors, motherson sumi systems, tvs motor company and ashok leyland.
Tata motors was one of the most active stocks today in terms of volumes. Our view that the recovery in the medium and heavy commercial vehicles  could create significant value.  Reasonable reduction in the company's net debt over fy22 and fy23 and the cv cycle will bottom out in the coming months. This was followed by ashok leyland, mahindra & mahindra & motherson sumi systems.
TOP GAINERS-DR.REDDY,HINDALCO,M&M,TATAMOTORS
TOP LOSERS-NTPC,INFRATEL,SBIN,AXISBANK,ONGC,ZEEL

4 comments:

  1. shall i trade on tata motors tomorrow

    ReplyDelete
    Replies
    1. yes sir you can trade on tatamotors calls with according our levels

      Delete
  2. thank you for your valuable time consuming analysis for us.

    ReplyDelete