Polycab, Voltas, KEI, Lodha can slide up to 18% as charts flag this warning

Quick Summary:

Technical charts of Polycab India, Voltas, KEI Industries and Lodha show the formation of a bearish pattern, namely 'Death Cross' on the daily scale; hence these stocks may see further downside.

On the downside, the stock seems headed towards its 100-WMA at Rs 3,150; with interim support placed at Rs 3,350.

CLICK HERE FOR THE CHART  Given the oversold nature, the stock may bounce back from present levels or trade sideways in the near-term.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Voltas share price Voltas stock price Lodha stock outlook Polycab india Kei industries Death Cross pattern Stocks technical analysis Voltas outlook Trading strategies Lodha share price Stocks to avoid Stocks to sell Stocks to avoid today Stocks to sell today

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-13 @ 13:00:00 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 739 words

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Copyright Owner: © Business Standard

News ID: 26114165

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