Tata Motors share price jumped 4.44 percent as value buying emerged at multiple-month lows for the automobile major. The stock opened at Rs 635 and touched intraday high at Rs 661 before closing at Rs 659. Tata Motors share price jumped as overall market sentiment has turned positive and buying was witnessed in the stock today. US futures opened positive today and Indian markets can see further positive momentum. NSE Nifty witnessed strength during the last hour of trading as US Futures were showing positive trends.

While investors question whether the decline represents a value opportunity or a structural slowdown, several technical indicators hint at a brewing price shift. Backed by a low P/E ratio and strategic exposure to the electric vehicle (EV) revolution, Tata Motors remains a pivotal watchlist candidate in India's auto segment—especially with current volumes pointing to a price convergence ahead.

Stock Snapshot: Key Valuation Metrics

Analyst Outlook: Value Buying or Patience Play?

Motilal Oswal released a note in late March 2025 maintaining a "Buy" rating on Tata Motors with a 12-month target price of Rs 740. The firm cited a strong domestic CV (commercial vehicle) rebound and JLR's stable margins as key catalysts.

Meanwhile, Axis Securities took a more measured approach, issuing a “Hold” rating with a target of Rs 700, signaling that most short-term growth is priced in and further upside hinges on new product launches and export traction.

Candlestick Pattern Insights: Indecision Clouded by Pressure

On the daily chart, Tata Motors is forming a Doji Star pattern, signaling investor uncertainty around current levels. The last three sessions have alternated between red and green candles without directional conviction, reflecting equilibrium between bulls and bears.

Volume has tapered below the 10-day average, further confirming consolidation. A breakout from this pattern could be sharp—either toward Rs 675 or slipping below Rs 625 if broader market sentiment turns risk-averse.

Fibonacci Retracement Levels (52-Week High to Low)

Using the Rs 1,179 high and Rs 535.75 low, here are the critical Fibonacci points:

Interpretation: The 23.6% level at Rs 677.13 will act as a near-term ceiling. If the stock sustains above that, Rs 763 becomes the next resistance zone.

Support and Resistance Levels

Here’s a view of nearby support and resistance for Tata Motors based on recent price action:

Support 1: Rs 625

Support 2: Rs 600

Resistance 1: Rs 675

Resistance 2: Rs 710

If the stock breaks below Rs 625, traders should brace for a test of the Rs 600 handle, which has previously seen demand-side volume.

Strategic Takeaways

Short-Term Outlook: The stock is forming a base near Rs 635. Traders should look for confirmation above Rs 677 for a fresh upward leg.

Mid-Term Target: Fibonacci and analyst consensus converge around the Rs 740–Rs 763 zone, offering a potential 15–20% upside.

Investor Strategy: Long-term investors may consider staggered buying, using dips below Rs 630 as an entry point. Traders can position for a bounce toward Rs 675–Rs 700, with tight stop-losses.

Final Word: A Cyclical Pause, Not a Collapse

While Tata Motors has underperformed on price in recent quarters, the fundamentals remain intact. With JLR rebalancing, domestic tailwinds in the EV and CV spaces, and a cheap valuation, the stock is more opportunity than risk—provided you’re not betting on instant gratification. Monitor volume shifts, RSI confirmation, and macro cues for a clearer entry.