-------- Forwarded Message --------
Subject: TATAMOTORS: Need To Sustain Above 435-455 For Further Rally
Despite Better Than Expected Q4FY16 Result Pushed By JLR
Date: Tue, 31 May 2016 09:14:05 +0530
From: Asis Ghosh <asis...@gmail.com>
Reply-To: asis...@gmail.com
*Trading Idea: TATAMOTORS*
*
* *CMP: 421*
*
* *Either sell around 440-450 OR 475-485;*
*
* *TGT: 405*-385-375-360*-345-328-299-279-260*-240 (1-3/6M)*
*
* *TSL> 460 OR > 495*
*Note:* Consecutive closing (3 days) above 495 for any reason, TM may
further rally up to 515-535* and 560-595* & 615*-635 in the near to long
term (alternative bullish case scenario).
*For TATAMOTORS (Consolidated): *
Q4FY16 EPS of TM reported as 15.33 which beat consensus EPS of 10.60 by
around 45% (QOQ: 10.41; YOY: 8.43).
Q4FY16 TTM EPS: 32.70 (FY:16/Actual)
Earlier street estimate was at 34.15 (lagged by around 4.25%).
Projected FWD EPS: 37.75-43.45-49.95 (FY:17-19/Estimates)
Last 5 QTRS average EPS : 7.66
Last 5 YLY average EPS: 38.30
Average PE: 15
*As par BG metrics & current market volatility:*
Present median valuation may be around: 440 (FY:16/TTM)
Projected fair valuation might be around: 475-510-545 (FY:17-19/FWD)
TATAMOTORS EPS BV P/E Low High Median 200-DEMA
10-DEMA
Q4FY16/TTM 32.7 215.28 15 434.50 441.28 437.89 384.89 397
FY17/FWD 37.75 244.45 15 466.84 474.13 470.49 384.89 397
FY18/FWD 43.45 277.55 15 500.85 508.67 504.76 384.89 397
FY19/FWD 49.95 314.95 15 537.01 545.39 541.20 384.89 397
*Analytical Charts:*
<https://4.bp.blogspot.com/-uxOsfgHGLTg/V00Gho9t39I/AAAAAAAAHTE/bC0XAtDIFy4RJknH3zJHegQOnRxQ9p0vwCKgB/s1600/TM-WK-30-05-2016.png>
<https://4.bp.blogspot.com/-Ur6KDqVehGQ/V00Gbvbn_6I/AAAAAAAAHS8/gpx1D0xHgE8XMcRGhheANM_YUJJC_giwgCKgB/s1600/TM-30-05-2016.png>
<https://1.bp.blogspot.com/-TqlbY1mjUh8/V00Gd_IiHvI/AAAAAAAAHTA/_D9XITz6gYA9NKXyhUe-1EkUdjvBEHY0ACKgB/s1600/TM-FIBB-30-05-2016.png>
<https://1.bp.blogspot.com/-T-FSlHXkuAU/V00Gj4TOoUI/AAAAAAAAHTI/kpMcOjXn-gQSWddHsjxFrQvQXeAaDPVCgCKgB/s1600/TM-TL-30-05-2016.png>
<https://4.bp.blogspot.com/-WEk5qw7DxhM/V00GmCis_KI/AAAAAAAAHTM/Q514KQvVbUAIZonjIgngCrqPbk4cMr6YgCKgB/s1600/TM-PATTERN-30-05-2016.png>
<https://1.bp.blogspot.com/-TuvpKRpR-TI/V00Go3LMYvI/AAAAAAAAHTQ/TCAUoPwMGWYRCejv_MEYwVQChGFZ0wTsQCKgB/s1600/TM-EW-30-05-2016.png>
--
Thanks & Regards,
Asis Ghosh
(asisghosh.blogspot.com)
NCFM-TA CERTIFIED
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