Buy Tata Motors with a target at Rs 424: Siddharth Chatterjee

Siddharth Chatterjee of Trustline Securities has advised traders to buy Tata Motors for an intraday target of Rs 424 on Tuesday. The expert has advised to keep stop loss at Rs 415. The stock was among top gainers on the BSE Sensex in morning trade after the automaker on Monday reported almost double-digit growth in sales for April on a year-on-year (YoY) basis. The stock is trading quite above its important moving averages