Tata Motors

It used to be my favourite stock to trade with high intraday moves and good with volatility was a good stock even for options .
High debt over years and now very low Jag and landrover sales with heavy discounts ,I believe if company doesn’t do something quick this will become junk .
I also think that multiyear pattern are in the works and won’t be surprised if stock goes to below 40 levels from here and so any spike on Monday result (if any as I doubt ) is a selling opportunity .
Beyond Technical AnalysisHarmonic PatternsTrend Analysis

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