Tcs on hourly chart playing between support & Resistance and can retest the low of 1620 levels. It is getting rejected multiple times at 1850 levels. Volumes are also comparable at downside than upside.Confirmation can be break below 1690 levels till then it can consolidate between 1690-1720 .If it breaks 1690 with volumes then it is heading for 1620.
Commentaire:
Still the same bias....On every rise sellers are dominating and the volumes are in favour of bears.
Commentaire:
Now the range has become narrower between 1700-1780, still negative bias.It is testing either side of the range.lets see which side it breaks