The support for the index lies at 20,850, below which the market may witness a healthy correction in the short term, he said. On the other hand, a move above 21,000 might trigger a resumption of the bullish trend.
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