Will historical price cycle continue?
TATAMOTORSTata Motors had 4 deep price corrections (more than 75%) in the past including the one from mid-2016 to early 2020.
Of the previous 3 deep price corrections, every time it has given multi fold up move from its reversal price before seeing a deep correction again.
From May 2020, price has reversed from ₹63.5 and has already moved up 337% as of today. Will it give multi fold returns this time as well and repeat historical price cycle? Only time can tell.
Disclaimer: This is in no way an advice for investment. Please consult your financial adviser before making any investments.
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