The emergence of a long bear candle on the daily chart, coupled with a decisive break below the 25,000 support level, points towards a significant downward shift in the market. This pattern, according to Nagaraj Shetti of HDFC Securities, confirms a short-term top reversal at the 25,333 level.
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