Nifty rose 114 points and formed a bullish candle on the daily chart on Tuesday. The index may now find support at 21,950-22,000 and 21,700-800 levels. But, a failure to maintain levels above 22,200 might trigger selling pressure in the market.
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