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Market Trading Guide: Tata Motors among 4 stock recommendations for Monday – Stock Ideas

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Target Price: Rs 1020
Stop Loss: Rs 949

The stock has given a consolidation pattern breakout on the daily chart, suggesting a rise in optimism. Additionally, the stock has moved above the critical moving average. The RSI is in a bullish crossover and rising. In the short term, the trend might remain positive with the potential to reach 1020.

(Rupak De, Senior Technical Analyst, LKP Securities)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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