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Wednesday, September 24, 2014

Tata Motors Shifts Into Pullback Mode



Investor's Business Daily - Investing RSS http://ift.tt/Y5ED30 Tata Motors (TTM) is extending a three-week pullback this week. It's close to potential support at its 10-week moving average. A test and rebound off the 10-week line can set up a buying opportunity. Although the stock has come down in some heavy turnover, Tata's accumulation gauges remain strong. Its up-down volume ratio is still at 1.2. Readings above 1 signal positive demand. The stock's Accumulation/Distribution Rating is still at B-. But


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