Tata Motors (DVR) may slip to Rs 180: Abhijit Paul

Abhijit Paul, founder of Alphative Advisors told CNBC-TV18, "Tata Motors (DVR) is one stock which has recently moved into a short-term downtrend. The target for such a trade would be on the downside close to Rs 180 and I will keep a stoploss of Rs 205."

At 14:36 hrs Tata Motors (DVR) was quoting at Rs 198.35, down Rs 1.65, or 0.83 percent. The share touched its 52-week high Rs 210.30 and 52-week low Rs 121.40 on 05 November, 2013 and 07 August, 2013, respectively. It is trading 5.68 percent below its 52-week high and 63.39 percent above its 52-week low.