- Naranj Research Desk
After rebounding from the 10,400–10,500 support zone, TASI has taken a breather.
Last week was relatively muted.
But that doesn’t mean the market has lost its direction.
It simply means TASI is waiting for its next trigger.
And right now, that trigger is sitting around 10,900–11,000.
For the recovery to gain real strength, TASI needs to break above 11,000 and stay there.
If that happens, the next important zone to watch will be:
➡️ 11,400–11,500
That could bring fresh momentum into the market.
But there is another side to the story.
If TASI continues to struggle around 10,900–11,000, the market could remain stuck in a range — or see another pullback.
So, this week is less about guessing the direction and more about watching how the index reacts around 11,000.
With TASI still at a key level, this may not be the time to chase the market.
Instead, keep an eye on stocks that are holding their ground, showing strength, and starting to recover from key support levels.
The idea is straightforward:
Look for strength.
Wait for the move to confirm.
Keep risk under control.
In a market waiting for direction, being selective can make all the difference.
Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.
Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.
Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.
If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website