Stock Tip: Tata Motors

Tata Motors
update: bought @ 160, stop loss triggered
Net Profit: -3.15% in one day

Buy: below 168.
Target: 180
Stop Loss: 155
Maximum hold period: 10 days

update: One of the reason for entering this stock was an expected petrol price cut in the coming two weeks and an overall increase in volume in the past few weeks. However, this tip failed to deliver, perhaps because of very narrow stop loss?

Jan 13, 2009

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