Supportand resistance for Tatamotors

Simple TA on Tatamotors. Price above 172, bullish, for a target of 190. If it turns around now, downside target is around 154 level.
I think the SP has bottomed out in the medium to long term point of view. We can have multi week/month rally from here and now. So don't see much of a downside risk
Keep a safe stop loss level.
PS: I do currently hold a small PE option. Looking for a test of 150 levels. A sucessful test will take the SP higher