Tata motors share price analysis 2014

Tata motors share price analysis 2014 

Tata motors share price daily chart analysis

Tata motors share on last trading session closed at 425 with loss. On daily chart, stock price trend and momentum both are bullish. Stock is trading way above short-term averages with bullish indicators patterns. Above 395 level traders keep buy on dips view. On upside 436 and 455 are strong resistances as well as targets for may series if trend continues. On downside, 415 and 395 are support zones.

On indicators, MACD is above zero with bullish patterns. RSI is 56 and heading towards 50 while CCI is +83 with bullish divergence.

Traders here above 395 use correction to enter long with strict stop loss and expect targets of 436 and 455 in may series.

Tata motors share price weekly chart analysis

Tata motors share in this week showing flat gains. This will be fifth week of gain for stock and in these 5 weeks, stock rallied from 386 to 437 and hit fresh 52 weeks high in this week. On weekly chart, stock price trend and momentum both are bullish. Above 385 investors as well as medium term, traders keep long view for stock. On upside 465 and 540 are strong resistances as well as medium term targets, which can be expected in next 6 to 12 months. On downside, 385 and 310 are strong medium term support zones.

On indicators, MACD is above zero with bullish divergence. RSI is at 64 with bullish divergence while CCI is +97 and heading towards +200 levels.

Tata motors share price monthly chart analysis

Tata motors share in last 6 month has given 13-14% returns to investors and continue to perform inline with market. Tata motors share hit its 52 weeks high at 437 while 52 weeks low was at 263. From long-term view, best auto sector stock to have in portfolio but at appropriate level investment. Global diversification makes stock best and may show tremendous growth ahead. Fundamentally and by valuation means stock is good. Above 350-370 rupee zone, long-term bullish momentum will remains intact. 535 is 12-month view target zone and 680-700 rupees Is 2 to 3 years view target for Tata motors share. On downside 230-250 was best buy zone, which was last seen in 2012 while 100-120 was undervalued zone and seen in 2011.

Tata motors company description

Tata Motors Limited is an automobile company. Through its other subsidiary, the Company is engaged in providing engineering and automotive solutions, construction equipment manufacturing, automotive vehicle components manufacturing and supply chain activities, machine tools and factory automation solutions, high-precision tooling and plastic and electronic components for automotive and computer applications, and automotive retailing and service operations. It operates in two segments: automotive operations and all other operations. Its automotive operations include all activities relating to development, design, manufacture, assembly and sale of vehicles, including financing thereof, as well as sale of related parts and accessories. Its other operations business segment includes information technology (IT) services and machine tools and factory automation solutions. During the fiscal year ended March 31, 2012 (fiscal 2012), the Company sold 1,269,483 vehicles.

Tata motors share fundamental ratios

Range

422.80 – 430.75

52 week

263.10 – 437.80

Open

425.05

Vol.

2.65M

Mkt cap

1.17T

P/E

9.56

Div/yield

2.00/0.47

EPS

44.61

Shares

2.74B

Beta

    –

Inst. own

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Updated: 25/04/2014 — 2:27 PM

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.

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