Buy Tata Motors, target Rs 490.0 : Prabhudas Lilladher

Prabhudas Lilladher has buy call on Tata Motors with a target price of Rs 490. The current market price of Tata Motors is Rs 473.70. The time period given by the analyst is week when Tata Motors price can reach defined target.
Prabhudas Lilladher recommended to keep stop loss at Rs 460.0 .

Vaishali Parekh of Prabhudas Lilladher said, "The stock has moved above its previous peak of 460 levels giving a breakout accompanied by decent volume. With the RSI indicator in the positive and in the rising trend, we anticipate the stock move up further till 490 levels from here on. We recommend a Buy in this stock with an upside Target of 490 keeping a stop loss of 460."