16.8% Return Seen to Date on SmarTrend Tata Motors Call (TTM)

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[November 09, 2012]

16.8% Return Seen to Date on SmarTrend Tata Motors Call (TTM)

Nov 09, 2012 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for Tata Motors (NYSE:TTM) on August 7th, 2012 at $21.88. In approximately 3 months, Tata Motors has returned 16.77% as of today's recent price of $25.55.

Over the past year, Tata Motors has traded in a range of $14.86 to $30.63 and is now at $25.55, 72% above that low. Over the last five market days, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has advanced 0.8%.

Tata Motors Limited manufactures cars and commercial automotive vehicles in India. The Company designs, manufactures and sells heavy commercial, medium commercial and small commercial vehicles including trucks, tankers, vans, buses, ambulances and minibuses. Tata also manufactures small cars and sports utility vehicles.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Tata Motors shares.Log in and add Tata Motors (TTM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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