"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.
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
TOP LOSERS-NTPC,INFRATEL,SBIN,AXISBANK,ONGC,ZEEL
