This stock's been on a wild ride! 📉 After peaking around mid-April (RSI hitting overbought levels >85), it’s now cooling off, with the 9-day EMA dipping below the 21-day—a bearish crossover. RSI’s still above 69, so not oversold yet. Volume spiked during drops, suggesting selling pressure. The chart shows lower highs and lows lately, hinting at a downtrend. Hold for now; if RSI drops below 50 or volume dries up, watch for a reversal. No news, so technicals rule! 🕵️♂️

Kaveri Seed Company Limited researches, produces, processes, and markets hybrid seeds of field and vegetable crops. Its product portfolio consists of seeds for various field crops, such as maize, paddy, cotton, sunflower, mustard, sorghum, pulses, bajra, and wheat; and vegetables comprising tomatoes, okra, chilies, watermelon, gourds, and brinjal. The company sells its products through distributors and retailers in India. It also exports its products to Pakistan, Sri Lanka, Bangladesh, Vietnam, Myanmar, Nepal, and Egypt. Kaveri Seed Company Limited was founded in 1976 and is based in Hyderabad, India.

Kaveri Seed Company Limited KSCL.NS: 924.8 INR

Bearish views