TataMotors at important Support Level, One can long it on positional basis with SL below 358. However, past price actions at Feb' 2013 suggests bears got activated at 396 level. If it reverses from current level then possible targets for short term could be 396, 403, 417 and 427.
Intraday Traders can use similar levels for Day Trading.
Intraday Traders can use similar levels for Day Trading.