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Trend Technical Analysis of Tata Motors

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  #1  
Old 27th August 2004, 05:03 PM
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Default Trend Technical Analysis of Tata Motors

Hi Traderji

Recently, I Bought 80 Shares Of Tata Motors @ Rs387/-
It Is Moving Down In The Last Few Trading Session.
Is The Stock In Down Trend ?
If Yes, Please Advice Me Stoploss For This Stock.

Renganathan
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  #2  
Old 27th August 2004, 07:08 PM
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Default Re: Tata Motors

Tata Motors has been in a downtrend since it made its top of 439.00 on the 05th of August 2004.

Since then it has fallen to and made a low of 370.00 on the 23rd of August 2004.

As you are already holding the stock keep your stoploss at 369.00

If you would like to BUY/ADD more, do so only on a close above 392.00
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