TATAMOTORS.NS Stock Today: January 8 – TMPV Steadies After 4% Slide
The tmpv share price steadied around ₹373–₹375 after a near 4% drop on January 7, keeping traders focused on a potential rebound. As of the latest close, TATAMOTORS.NS printed ₹373.55, up 1.26% from ₹368.90. For January 8, watch resistance at ₹376–₹380 and supports at ₹369 and ₹356, with oil easing and sector flows in play. We track Nifty Auto today, technicals, and fundamentals so India investors can plan entries and exits with clear levels.
Price action and key levels for January 8
Tata Motors share price opened at ₹370.35, hit a high of ₹375.00 and low of ₹369.10, before settling at ₹373.55. That is a 1.26% gain over the prior close of ₹368.90. Immediate resistance sits at ₹376–₹380, while supports are at ₹369 and ₹356. Average True Range near ₹7.53 flags active intraday swings, so sizing and stops matter for the tmpv share price.
RSI at 49.9 shows neutral momentum. The Bollinger upper band near ₹376.30 aligns with the first resistance, while Keltner upper near ₹377.58 caps the upside. Stochastics at 82.84 warn of near-term overbought, and ADX at 29.41 indicates a firm trend. Together, these support a buy-on-breakout bias for the tmpv share price above ₹376.
Sector cues and macro drivers
Nifty Auto today will influence risk appetite in autos. After the sector-led slide on January 7, sentiment may improve if crude stays soft and domestic yields remain steady. The tmpv share price reaction followed a notable PV weakness, as covered by Economic Times’ liveblog source. Any rebound in autos can help a push through ₹376–₹380.
Volume printed 9.59 million versus a 17.15 million average, indicating lighter participation on the bounce. Money Flow Index at 71.61 shows buying strength, but On-Balance Volume remains soft. For the tmpv share price, sustained delivery upticks would validate higher levels, as PV updates continue to draw attention source.
Fundamentals snapshot to frame risk
TATAMOTORS.NS stock trades at ₹373.55 with a market cap near ₹1.34 trillion. Trailing EPS is ₹60.92 and the P/E is 5.96, with a dividend yield around 1.65%. Price-to-book is about 1.21. Return on equity is strong on TTM data. While the tmpv share price is well below the 50-day and 200-day averages, value support is building.
Debt to equity stands near 0.61, with net debt to EBITDA about 1.17 and interest coverage around 35.6, signaling healthy servicing ability. The current ratio near 0.90 needs monitoring, but operating performance remains solid. These factors can temper downside near ₹356–₹369 and aid the tmpv share price if sentiment improves.
Trade setups and risk controls
A clean breakout above ₹376 with volume can target ₹380. If strength persists, a stretch toward the upper channels is possible. On dips, watch reactions at ₹369 first support and ₹356 next. Traders can keep tight stops below the trigger candle. Keep position size modest, as the tmpv share price has shown quick swings.
Expect elevated volatility as corporate updates and macro prints arrive this month. Track Nifty Auto today, crude moves, and INR. Avoid averaging down if price loses ₹356 on heavy volume. For investors, staggered buys within the ₹356–₹369 zone can lower cost, while the tmpv share price confirms strength only above ₹380.
Final Thoughts
The tmpv share price found footing near ₹373–₹375 after Monday’s drop, with clear levels to trade. Resistance at ₹376–₹380 aligns with key bands, while supports at ₹369 and ₹356 define downside risk. Volumes remain lighter than average, so we look for a decisive push with participation for confidence. Fundamentals show a modest P/E, steady coverage ratios, and a reasonable dividend yield, which can anchor value. Our plan is simple: ride a breakout above ₹376 toward ₹380, respect stops if momentum fades, and buy dips only near defined supports. Keep an eye on Nifty Auto today, crude, and delivery data for confirmation.
FAQs
Why did the tmpv share price fall on January 7?
The drop followed weakness across auto names as sector sentiment cooled and traders cut risk. PV-focused flows were soft, and volumes did not confirm bids. As oil dynamics improved later, the stock steadied near ₹373–₹375. We watch Nifty Auto today and delivery trends for cues.
What are the key levels for the tmpv share price on January 8?
Immediate resistance is at ₹376–₹380, aligning with Bollinger and Keltner upper bands. Supports sit at ₹369 and ₹356. A strong move above ₹376 with rising volume can target ₹380, while a break below ₹356 risks a deeper slide. Use stops and manage position size.
Is the Tata Motors share price attractive on valuation now?
On trailing numbers, P/E is about 5.96 with a dividend yield near 1.65% and price-to-book near 1.21. These suggest reasonable value. However, the price sits below 50-day and 200-day averages, so confirmation through price strength and volume is prudent before adding exposure.
How does Nifty Auto today influence TATAMOTORS.NS stock?
Sector moves often drive flows into large auto names. If Nifty Auto firms and crude stays soft, it can support a breakout above ₹376. If the index weakens, price may retest supports at ₹369 or ₹356. We track breadth, volumes, and delivery data for confirmation.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
