Buy Tata Motor DVR for the target prices of Rs 175/176.50/Higher with a stop loss of Rs 170.4: ICICIDirect
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Last Updated: Mon, Oct 08, 2012 10:01 hrs
We said, "gap-up does not rule out profit-booking after strong gains ..." Index opened higher but faced profit-booking as suspected. In an abnormal move, it covered the gap-up area, but closed above it, down 120 pts or 0.6% on net basis. IT/Pharma/Bank Indexes lost between 1- 1.5% each, and A/D ratio turned nagative, to 1:3.
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