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Moneycontrol.com >> Message Board >> View Messages >> Tata Motors
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Tata motors new range is 350-400... (5)   01-Jul-08 19:01Tracked by (0)  
Posted by:   marketman on ( 01-Jul-08 19:01 )
Price : BSE: Rs 408.45 ( -4.23 % ), NSE: Rs. 408.50 ( -4.12 % )
The scrip is showing great weakness and already given huge losses to its holders recently.... pl note that the scrip touched four digit mark and corrected more than 60% from the peak...

Now it may be in trading range between 350-400 for some time.... people expected positive triggers from nano launch,but nano is giving financial burden to the company.... four years ago the scrip was being traded in the said range and again now may settle in the range by giving four years of waste of time to its long term holders....

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