TASI Technical Overview

TASI Technical Overview

Searching for support.

Considering the current long term trend behavior, Bullish scenarios are expected to remain on hold at current times and traders should refrain from accumulating any new long term positions. While failure of the market to remain above the 6970 has signaled for a probable extended medium term corrective phase, triggering an exit of the remaining positions with a view to reinstate at lower levels after confirmed signs of support.