TATA MOTORS Showing Up Momentum

From the automotive sector TATA Motors is now showing up ward momentum, Tata motor is largest commercial vehicle automotive company in India and also had presence in passenger vehicle segment.

With launch of new vehicle Tata NEXON, there is scope of increasing market share, also JLR is also performing good, and Tata motors shows future project which are for electric vehicle.

Currently TATA Motors is trading above Rs 400 which is above 30 days moving avg. which is also near to Rs 408 an level by Fibonacci of 38%,

 ALSO READ: Shares Which Can Give 5 to 10 Times Returns In Next 5 Years.

Tata motors made Rs 600 as high and Rs 265 as low. and currently is trading 40% above lower level.


If Tata Motors closes above Rs 410 on daily bases, then One can initiate buy position with the stop loss of 370.
First target will be Rs 440 following target will be Rs 480 & Rs 520.

Note - Investing in share is subject to market risk, always trade with strict stop loss and book profit also keep eyes on any news related to company you have invested.
This buy call is purely suggested based on technical charts.

Comments

Post a Comment

Popular posts from this blog

IPO EyeWatch - All latest IPOs, Subscription, GMP...

Image
IPOs are the new secret way to gain 30% to 70% in one days. There are many example in past from which investors got even 100% gain on listing day. Also Read:   HOW TO APPLY IPO ONLINE Initial Public Offer (IPO), is the first sale of shares by the privately owned company to the public. The companies going public raises funds through IPO's for working capital, debt repayment, acquisitions, and a host of other uses.   Below are the list of upcoming IPOs. ALSO READ :  Shares Which Can Give 5 to 10 Times Returns In Next 5 Years. Recently clos ed IPO of  Prataap Snacks  IPO is  got good response and possibility to get listed above Rs 200 is high. Upcoming   Godrej Agrovet Ltd IPO Issue Detail: Comment your view or questions in comment section below. Note - Investing in share is subject to market risk, always trade with strict stop loss and book profit also keep eyes on any news related to company you have invested. If you like this idea
Read more

How To Apply IPO Online?

Image
To apply in IPO's online, an investor has to open an demat account with any financial institution that provide this facility. Most national banks (SBI, HDFC, ICICI, PNB, Axis etc.) and popular stock brokers (Sharekhan, Angel etc.) in India offers facility to apply IPO's online. Please note: Currently discount brokers (i.e. Zerodha, RKSV, SAS, Trade Smart Online, UpStocks etc) do not offer IPO's. There are two ways to apply IPO, 1. Online - Through net banking with ASBA facilities. 2. Offline - Fill - Sign and Post the forms to apply. ALSO READ : Bumper Gains From IPOs & Latest IPOs. How to apply Online: I am explaining using SBI bank. Note - Investing in share is subject to market risk, always trade with strict stop loss and book profit also keep eyes on any news related to company you have invested. If you like this idea then please advice from your financial adviser or try to study more about company before investing. This buy call is purely
Read more

My 1 Lakh Is Now 1.6 crores :)

Image
We all have heard stories that people have invested in there teenage and now they become millionaire. above chart is showing one example - if someone have invested 1 lakh Rs in 5 different asset class then how much returns he will get now. Also by considering the influence how much 1 lakh Rs will be now. So for the period from 1981 to 2015, Also Read - Shares With Multi Fold Returns Potential. if someones have invested 1 lakh in Gold in 1981 then with the annual return 8.18% Current value of his invested amount will be 15.7 Lakhs. similarly from silver he will get 7.8% annual return and the current value will be 13.81 lakhs. From FDs he will get 9.55% annual returns and current value will will be 24.2 Lakhs, From PPF with 9.65% annual returns, current value will be 25.5 Lakhs, But, If Someone have invested same amount in BSE index, the with annual returns of 15.63% current value of his investment will be 1.61 Crores.
Read more