TASI faced a mild rejection from just below the immediate resistance level of 11,400 last week.
The current price action suggests the index may continue consolidating in the near term.
A decisive breakout above 11,500 is needed to confirm a strong upward move, while a breakdown below the 11,000 level could trigger further downside risk.
For now, traders and investors should remain cautious, closely monitor critical levels, and wait for a clear directional breakout before making any fresh positions.
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