The price is falling like a crash and nearing the buying region (D point Support). Despite reporting a 39% revenue growth in Q3 FY25 compared to the previous year, investor sentiment remains negative due to ongoing market volatility and speculation regarding company practices.
Analysts are advising caution regarding Kalyan Jewellers' stock. Many suggest that investors should avoid purchasing at current levels due to weak technical indicators and potential further declines towards ₹500. The stock's P/E ratio stands at 93.34, indicating overvaluation concerns
Let's take an entry with proper confirmation.
Kalyan Jewellers is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. This is for educational purposes only.
Analysts are advising caution regarding Kalyan Jewellers' stock. Many suggest that investors should avoid purchasing at current levels due to weak technical indicators and potential further declines towards ₹500. The stock's P/E ratio stands at 93.34, indicating overvaluation concerns
Let's take an entry with proper confirmation.
Kalyan Jewellers is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. This is for educational purposes only.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.