1. If you all remember that a recommendation to hold this Indian Stock i.e. Tata Motors was given 2 days back i.e. for day trading and for holding purposes on 31 Mar and since than the stock is sky rocketing every day and today it has taken a leap by trading at more than 14% in a single day i.e. today. The statement made for 31 Mar trading in Tata Motors is as quoted below
"One can hold this stock for short term as Nano euphoria will bring good news for this counter as Tata group is expecting booking to the tune of 5-6 Lakh vehicles".
2. Thus if you see since the day of providing the tip for holding this Indian stock it has appreciated by more than 20% in a span of 3 days. Thus we can say that this is the power of correct stock market technical analysis and reading the correct pulse of Indian stock market. Exit this stock if it braks level of 198.9 on lower side.
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