A small positive candle that is placed beside the long positive candle of the previous session indicates a range-bound movement in the market after a pullback rally. This also reflects a lack of selling interest in the last couple of sessions after a sharp reversal on the downside on August 19 and August 22, said Nagaraj Shetti, Technical Research Analyst, HDFC Securities.
Kaynes shares plunge 43% from October peak. Is a tactical rebound on the cards or more pain ahead?
Kaynes has plunged 43.5% from its October peak, with Friday’s 12.5% drop marking the steepest single-day decline. Momentum indicators remain bearish, signaling a risk of