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KIOCL Ltd Forms Death Cross, Signalling Potential Bearish TrendStocks in ActionKIOCL Ltd
1 hour ago
KIOCL Ltd, a key player in the ferrous metals sector, has recently formed a Death Cross as its 50-day moving average (DMA) crossed below the 200-DMA, signalling a potential shift towards a bearish trend. This technical development highlights a deterioration in the stock’s momentum and raises concerns about its medium to long-term outlook amid mixed fundamental and technical indicators.
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