news based fall (not a big issue for tata motors)
Jaguar Land Rover (JLR) issued a profit warning on Tuesday citing the impact of semiconductor chip shortage on vehicle production, sending its parent Tata Motors's stock down. Tata Motors also said that based on the recent inputs from suppliers, the chip supply shortages in Q2 are expected to be greater than that in Q1FY22, potentially resulting in around 50% lower wholesale volumes than planned.
chance for adding tata motors
buy level- 306-307
target- 325-340-355
This trade for portfolio adding stock ( not for pure trading)
time frame- short to mid (21 days to 2 months)
no stop loss coz pure portfolio adding
I am adding at the level of 306
thank you
Jaguar Land Rover (JLR) issued a profit warning on Tuesday citing the impact of semiconductor chip shortage on vehicle production, sending its parent Tata Motors's stock down. Tata Motors also said that based on the recent inputs from suppliers, the chip supply shortages in Q2 are expected to be greater than that in Q1FY22, potentially resulting in around 50% lower wholesale volumes than planned.
chance for adding tata motors
buy level- 306-307
target- 325-340-355
This trade for portfolio adding stock ( not for pure trading)
time frame- short to mid (21 days to 2 months)
no stop loss coz pure portfolio adding
I am adding at the level of 306
thank you