No Respite for TASI: Downtrend to Persist!

    • TASI has encountered resistance at the trendline while moving through a downward-sloping parallel channel, resulting in a decline.
    • The immediate support range is identified around the 11,500 to 11,600 levels.
    • A more significant decline may occur if the index falls below this critical support zone.
    • Investors are advised to exercise caution before considering any long positions at this time.
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