A rejection was seen last week after forming a new high of 18,778; however, the higher high and higher low structure will be only challenged if we breach 18,464 on the way down. Nifty formed a bearish inverted hammer candle on weekly charts, which means the bias remains negative, especially if we breach the previous week’s low of 18,531.
Cochin Shipyard shares tumble 8% as Q2 profit falls 50% YoY despite revenue growth
Cochin Shipyard shares fell sharply on Wednesday after the company reported a nearly 50% year-on-year decline in Q2 FY27 net profit to Rs 54 crore.
November 11, 2026