In the past few days, the auto heavyweight has been hitting back-to-back new 52-week lows and March 3rd session was no different. Tata Motors is struggling to keep up the Rs 600 mark. Its Money Flow Index (MFI) and the Relative Strength Index (RSI) are below 30, which indicates that the stock is oversold. There is a buy-on-dips opportunity in Tata Motors with a target price above Rs 900.
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