On the daily charts, it formed a bearish candle and has been making lower highs and lower lows for the last six sessions. The index has support at 37,300 levels, while resistance is at 38,500 levels.
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