Tata Motors should hold Rs 266, says Manghnani

According to Anil Manghnani, Modern Shares & Stock Brokers, Tata Motors should hold Rs 266 level.
 
Manghnani told CNBC-TV18, “Tata Motors is one of the volatile names. I think Rs 267-Rs 266 now becomes a very key level. If it does open like you are saying 7 percent down because that is the 50-week average and the 200-day, then that would be a more significant break down but for now it should hold Rs 266.”