The stock is in a strong uptrend as it bounced after forming a base around its 38.2% Fibonacci Retracement level of the prior up-move (Rs 2,205-2,515), which was placed at Rs 2,400.
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