Buy Tata Motors: Mitesh Thacker
The good part is that the stock managed to trade above 275 which was at breakout level. It could be a pullback. We still have yesterday’s gap to look up to.
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| Updated: In a chat with ET Now, Mitesh Thacker, Technical Analyst, miteshthacker.com shares his views about Tata Motors.
ET Now: What is the call on Tata Motors?
Mitesh Thacker: The good part is that the stock managed to trade above 275 which was at breakout level. It could be a pullback. We still have yesterday’s gap to look up to. I would probably look to buy into this around the 275-280 band and wait for some intraday reversal on the charts but I am into buying mode for Tata Motors.
ET Now: What is the call on Tata Motors?
Mitesh Thacker: The good part is that the stock managed to trade above 275 which was at breakout level. It could be a pullback. We still have yesterday’s gap to look up to. I would probably look to buy into this around the 275-280 band and wait for some intraday reversal on the charts but I am into buying mode for Tata Motors.
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