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Kaynes Technology India Forms Death Cross, Signalling Bearish Trend AheadStocks in ActionKaynes Technology India Ltd
1 hour ago
Kaynes Technology India has recently formed a Death Cross, a significant technical indicator where the 50-day moving average crosses below the 200-day moving average, signalling a potential shift towards a prolonged bearish trend. This development reflects a deterioration in the stock’s momentum and raises concerns about its near- and long-term outlook amid already challenging market conditions.
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