TATA MOTORS | TECHNO-FUNDA ANALYSIS

Tata Motors Passenger Vehicles Ltd – 1D

Trend Description: The stock is trading within a defined range, showing short-term accumulation. Price has respected the support zone near ₹402–₹367 multiple times, while facing supply pressure around ₹421–₹447 levels. Support and Resistance Levels: Support: ₹402 / ₹367 Resistance: ₹421 / ₹447 / ₹475 Expected Move: If the stock breaks above ₹421 with volume, it can move towards ₹447–₹475 levels. On the downside, a close below ₹402 may invite retest of ₹367. Short Fundamentals Summary: Tata Motors continues to benefit from strong PV sales momentum, growing EV penetration, and improving margins. However, near-term valuation is slightly stretched, and demand moderation could affect pace. Final Verdict: 📊 Range-bound with bullish bias — watch for breakout above ₹421 for confirmation.