LONDON, March 4, 2013 /PRNewswire/ --
Markets closed last week on a positive and are looking to set a new all time high in the coming week. However, it also faces various issues including the budget cuts. At the end of last week, The Dow Jones was at 14,089.66, up 0.25 percent while NASDAQ was up 0.30 percent to close at 3,169.74. Similarly, S&P also ended at a positive note at 1,518.20, up 0.23 percent. Our research team took a look at the auto makers industry including major companies like General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), Tesla Motors Inc. (NASDAQ: TSLA) and Tata Motors Limited (NYSE: TTM). StockCall has issued technical analysis and charting reports on GM F TSLA and TTM. Download these free reports now at
http://www.stockcall.com/todaysopinions
General Motors Company's stock closed at $27.21, 0.22 percent high, on Friday. The stock traded in the range of $26.75 and $27.49 during the session and is currently below its 20-day moving average price of $27.26. General Motors lost more than 5 percent so far this year. Its Price/Earnings ratio is 9.32. The stock is in a neutral phase and its first resistance level is at $27.65. On the downside, its first support is at $26.96. Upon breaching this level, its second support level is at $26.14. Download the free research on GM today by registering at
http://www.StockCall.com/GM030413.pdf
Despite ending flat in its previous trading session, Ford Motor Company is still down 2.63 percent for the year. It has lost 0.86 percent in the past 52 weeks. On Friday, the stock closed flat at $12.61 on volume of 38.81 million shares. Its average trading volume stands at 42.33 shares. Ford Motor's shares currently face resistance at around $12.75. The stock has support at around $12.40. It is currently trading below its 20-day and 50- day moving averages, which is a neutral signal. Sign up and have access to our free report on F at
http://www.StockCall.com/F030413.pdf
Tesla Motors Inc. traded in the range of $34.25 and $35.08 during its Friday's trading session. It opened at $35.00 and closed at $34.65, down 0.52 percent. The stock is currently in a neutral mode and has its first resistance level at $35.40. Upon breaching this level, Tesla Motors may go as high as $36.95. The company traded 1.55 million shares. The stock is trading below its 20-day moving average price and confirms a neutral trend. It has support level at $33.54 and upon breaching this level the stock may tumble down to $32.95. So far in 2013, the stock is up 2.3 percent. Sign up and read the complimentary report on TSLA at
http://www.StockCall.com/TSLA030413.pdf
Despite the upward movement shown by broad market indices, Tata Motors Ltd.'s stock finished 1.51 percent lower at $26.73, with volume down from daily average of 2.04 million to 1.72 million. Tata Motors' stock had a dismal run this year with its year-to-date performance at 6.93 percent lower. The stock currently shows a neutral trend which is further confirmed by the stock's MACD chart. The Indian auto maker has its first support level at $25.86. In the coming trading sessions, the stock is likely to go as high as $27.18. Upon breaching this level, its next resistance level is at $28.06. The free report on TTM can be downloaded by signing up now at
http://www.StockCall.com/TTM030413.pdf
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