Investing Analysis (or why it's a good time to buy Tata Motors)
I've been following Tata Motors (an Indian auto manufacturer who is building the world's cheapest car) for the past month. During this time I've decided to invest in the company myself because I believe they will do good business when they release the Tata Nano in October. India's auto market is thought to triple in the next ten years due to a booming economy (despite their current bout with inflation).But if you require more than the hopes of a single product to make you a fortune, :
This is three month price history with a price channel indicator. The price channel indicator predicts when to buy or sell a particular stock. When the price of a stock crosses the line of the price channel indicator it gives a good indication of a future trend. Look at point "A" where the price of Tata Motors crosses the price channel line. When the price crosses the line again, at point "B", this is a good time to sell the stock because it is at a local high point and will drop much lower soon. The inverse is true about buying the stock. At point "C" the price of Tata Motors crossed below the price channel indicator. This was a good sign that the downward trend was going to continue. An excellent time to buy the stock would be when the price bottomed out and was on the rise again. This happened at point "D" just a few days ago. However, the price has dropped below the price channel indicator line once again today (point "E")! This means it should continue its downward trend a little while longer so you will be getting this stock at a real bargain. The time to buy is now, or more precisely, as soon as the price crosses back over the indicator line.
*Nota Bene: There are no guarantees in the stock market. You may lose money. All statements are only my opinion and I am not a financial professional.*
This is three month price history with a price channel indicator. The price channel indicator predicts when to buy or sell a particular stock. When the price of a stock crosses the line of the price channel indicator it gives a good indication of a future trend. Look at point "A" where the price of Tata Motors crosses the price channel line. When the price crosses the line again, at point "B", this is a good time to sell the stock because it is at a local high point and will drop much lower soon. The inverse is true about buying the stock. At point "C" the price of Tata Motors crossed below the price channel indicator. This was a good sign that the downward trend was going to continue. An excellent time to buy the stock would be when the price bottomed out and was on the rise again. This happened at point "D" just a few days ago. However, the price has dropped below the price channel indicator line once again today (point "E")! This means it should continue its downward trend a little while longer so you will be getting this stock at a real bargain. The time to buy is now, or more precisely, as soon as the price crosses back over the indicator line.
*Nota Bene: There are no guarantees in the stock market. You may lose money. All statements are only my opinion and I am not a financial professional.*