when you look at what could transpire for our market i think we would have those periodic bouts of rallies but what is more important for the market going forward is that if there is any sort of reversal said kunal bothra in an interaction with et nowbajaj auto hero motorcorp and even maruti to that extent should see another 34 upside which should be substantial enough given the context of the auto selloff which we have already seen et now what are your observations of this weeks market moves because after that bit of a breather we saw last week we are back with our losing wayskunal bothra i think we were lucky that we had two market holidays this week but overall when you look at the scenario the sentiment is not extremely gungho rather there is a lot of nervousness on the market screen with the stocks and sectors behaving in such a volatile fashion advt the nervousness initially was more part of the domestic news flow which transpired postbudget but now it has been given a handover by the global markets as well especially what transpired on wednesday for our markets with this us going through an inverted yield curve which is an interesting phenomenon when you look at what could transpire for our market i think we would have those periodic bouts of rallies but what is more important for the market going forward is that if there is any sort of reversalthose reversals have to be seen with a lot of different colours one of them should be where you see a strong consensus sector move which generally happens when you see a bottom formation happen and that predominantly should be led by bank nifty the auto stocks and the real estate space as these are very high beta spaces and rate sensitive and the other and the most important part is that the volatility index should ebb off significantlyif we do not see any of these signs or both of these signs in the next couple of weeks then any short term rallies would be faced with an equal amount of resistances in technical terms 1115011200 zone could be strong resistance for niftyet now tata motors maruti mostly all the auto stocks have been on a weak footing is there any possibility of a trade that one should execute or look at or for now you believe that this weakness could continue in the stockkunal bothra in the auto pack tata motors is undoubtedly one of the weakest among the predominant or the largecap stocks if you look at the price performance of the stock not just over the last twothree years but just in the last twothree months it has almost halved from those levels now comparing this with peers in the last threefour months we have not seen a similar kind of price performance advt yes the damage has been done to a lot of the stocks in the