Go short on Tata Motors: Ashwani Gujral, Market Strategist
When the circumstances start changing, the overowned stocks get into trouble.
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| Ashwani Gujral, Chief Market Strategist, ashwanigujral.com, in a chat with ET Now talks about Tata Motors.
What is your take on Tata Motors?
When the circumstances start changing, the overowned stocks get into trouble. Tata Motors has been probably the best stock of the last year. It may not be the same this year. So we go short on this with a stop of about 1350 and a target of 1200 is also possible. As the stock goes down, more and more people will become losers. So slowly that opinion will change.
What is your take on Tata Motors?
When the circumstances start changing, the overowned stocks get into trouble. Tata Motors has been probably the best stock of the last year. It may not be the same this year. So we go short on this with a stop of about 1350 and a target of 1200 is also possible. As the stock goes down, more and more people will become losers. So slowly that opinion will change.
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