The Tata motors which was bought at Rs. 170 has reached Rs. 185 today giving a profit of 8.8% in the last 10 days. I am booking 50% stock as profit and with the remaining at a stop loss at Rs. 180.

Week before last on Friday Tata Motors had opened with a Gap-up, which was seen after a long series of Gap down openings forming a golden eclipse. Post that it has consolidated at this position for a week. The volumes are decent enough to support the bulls and the overall market conditions are favouring this trend reversal.