Tata Motors can go upto Rs 180: LKP

Tata Motors can go upto Rs 180 level in a very short term, says Rakesh Gandhi, Senior Tech Analyst, LKP.

Gandhi told CNBC-TV18, "In Tata Motors, there is some good development that is a kind of head and shoulder forming. I think there is a break-out above Rs 150 level from that formation. The stock has the potential to go upto Rs 180 level in a very short term. So if it is bought, then hold, if it does not break Rs 150 level that is the target one can see in short term, maybe two weeks time." Disclosure: I do not have exposure but we regularly recommend at LKP.