Trend setter

Tech M is at a very interesting level at the moment. It'll be crucial to watch which way it moves from this zone between 1305 and 1318 levels. If it breaks downwards, which in my view it would considering the volumes, then we can see a bearish setup with the 1280 and 1262 levels being tested.
If by some miracle it breaks out of the zone in upward direction, a bullish rally could be on the charts with 1335, 1350 levels being T1,T2 for the hopeful bulls.