When fundamentals around really strong side even technicals have to take the back step.
With more than 12 models in pipeline in next 3 years Tata Motors will be the most wanted stock and it would be the best multibagger.
Even on technical front I believe that it will take support near to 280 - 300 zone and it will consolidate on those two levels only but my target on the stock is at 458-500 in next 18 months.
So if you have invested in this stock keeping long term in mind then you don't have to worry at all but if you are a positional investors then you should take your call basis 280 support levels.
Any exponential uptrend deserves a healthy correction of 10-15%.
Disclaimer :- This is for Educational purpose only, please invest at your on call and risk.
With more than 12 models in pipeline in next 3 years Tata Motors will be the most wanted stock and it would be the best multibagger.
Even on technical front I believe that it will take support near to 280 - 300 zone and it will consolidate on those two levels only but my target on the stock is at 458-500 in next 18 months.
So if you have invested in this stock keeping long term in mind then you don't have to worry at all but if you are a positional investors then you should take your call basis 280 support levels.
Any exponential uptrend deserves a healthy correction of 10-15%.
Disclaimer :- This is for Educational purpose only, please invest at your on call and risk.