if nifty breaks 18400 level we might see 19600-700 till march
tata motor is forming triangular pattern if it break above we may see next rally if it doesn't it may see some downward move.
tata motors is forming cup and handle pattern if it breaks the resistance of 309.50 it can have upward ralley.
tata motors has formed head and shoulder pattern at 15 min candle time frame. as autompbile sales are increasing it has much more possiblity to fail. if remain above 145.65 it sis strong. if breaks 145.65 there is possibility of downward momentum
auto sector is on run since gov decided to relax some GST for them , tata motors is on correction mode it can take support at 135 and countinue their bull run
sensex is forming traingular pattern it is gives a breakout bull run can countinue.
if bank nifty takes support at 22457 it may form head and shoulder pattern. can short position with target 1 @ 20941 and target 2 @ 19975