Market Trading Guide: Tata Motors among 4 stock recommendations for Monday – Stock Ideas
Target Price: Rs 1020
Stop Loss: Rs 949
Stop Loss: Rs 949
The stock has given a consolidation pattern breakout on the daily chart, suggesting a rise in optimism. Additionally, the stock has moved above the critical moving average. The RSI is in a bullish crossover and rising. In the short term, the trend might remain positive with the potential to reach 1020.
(Rupak De, Senior Technical Analyst, LKP Securities)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
