Stop loss of 808 for Tata Motors: Sandeep Wagle

ET Now spoke to Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, on his views on stocks.

ET Now: What do you make out of Tata Motors?

Sandeep Wagle: Tata Motors is a stock which is an outperformer in the auto space. In fact I am a little bearish on M&M. Hero Honda, Bajaj, all the other stocks are sideways to possibly a little corrective but Tata Motors has been going up on its own and I am bullish to the tune of around 845-850, talk of the next few trading sessions.

Keep a stop loss around 808 in cash, it should not be broken. There it loses its momentum as a trader and should be exiting and one can play up to 840-845.