The stock is trading close to overbought levels which could result in some profit taking but traders can look to buy the dip. The Supertrend indicator also triggered a buy on daily charts in November.
Tata Sons boardroom battle intensifies but Tata Group stocks remain unbothered. Should you buy?
Tata Sons has rejected Noel Tata’s objections to N Chandrasekaran’s reappointment, saying the board’s decision was valid and made in accordance with the company’s Articles