Date:30/07/2006 URL: http://www.thehindubusinessline.com/bline/iw/2006/07/30/stories/2006073002440700.htm

Back Tata Motors

The chart has made a double bottom at Rs 652 on the daily charts.

But a short-term uptrend has not been conclusively established as the price is struggling to get past the Rs 736 level mentioned last week.

A rally beyond Rs 755 is required to make the short-term outlook positive again.

The price can slip back to Rs. 652 if the price does not manage to go past Rs 755 this week.

Lokeshwarri S.K.