more downside in TCS this week

if the action makes it back to the trading range then the marked levels will be tough resistance to break and might fubnction as last poitn of supply of phase d of distribtuion
or if the action is weak enough it might not even make it though the present broken support
and directly proceed to markdown

disclaimer... not an investing/trading recommendation

Note

as of now th gap is acting as a support, almost like a water tank, when a stone is being thrown into it, it is slowing down followed by a bounce..
s3.amazonaws.com/tradingview/snapshots/r/rTJqY5mT.png

Note

Note

any accelerated on volume breakdown below the gap, can be a good trade entry
on the other hand, if the breakdown is on low volumes on dicey short rnged candles, then most likely the gap will be retested, best trade entry would be on retest failure

capsule91

Disclaimer

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capsule91