Buy Tata Motors for target of Rs 1290: Aptart

MUMBAI: Sandeep Wagle, MD, APTART is of the view that Tata Motors has seen a price and volume breakout. He has advised traders to buy the stock for target of Rs 1290.

“Buy Tata Motors in the range of Rs 1230-1218 with stop-loss of Rs 1206 for target of Rs 1290. Price and volume breakout seen in the stock,” said Wagle.

Note: Trading idea valid for time-period of 5-7 trading sessions.

The entry / exit price levels, stop-losses, targets as well as the time frames are indicative and viewers should use their discretion in implementing the same.