Tata Motors
Tata Motors is an Indian automobile company selling cars with brand name of Tata, Jaguar, Land Rover. The company proudly sells the worlds cheapest car, Tata Nano.
On the charts of Tata Motors one can clearly see that the share has been falling for last 6 months. The stock price of the company is at 52week low at 385apiece while 52 weeks high is 586.
The company latest offering of bolt, zest & nano automatic didn't do well and so the investor trust on this company has gone down.
The trend of the share is downward. Parabolic SAR is negative and MACD is volatile. I will suggest to be away from this share for sometime and get back once the charts are more confident.
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