“Oscillators are overbought, but they have been so for some time already now, and have been less effective because of the directional nature of the index,” Anand James – Chief Market Strategist at Geojit Financial Services, said.
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