As suggested in the previous idea of Axis Bank - an update was mentioned about Tata Motors that we are looking for a upside push from 350 to 357 - Look Motors has turned close by from 357 (Actual-358.40) like a block hole delivery & taking the wicket.
Axis Bank Selling with bearish shark
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12:25 Hrs 16th March 2018
Last Price@344.30
Support between 342-343 could hold TM for some sideways to upward movement in the zone 346-348 before it resumes downside move again.
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14:19 Hrs 16th March 2018
Last Price@341.75
A dip below 342 - holding close -we are expecting a bounce which could be seen by day end / next week.
Once you get the bounce -you can plan to sell on rise for targets lower than 342 later.
Tata motors is moving down what could be the best time or price to buy for long term. Awaiting your your valuable guidance.
Regards
Sunil