CAPLIPOINT

Slips as Downtrend Tightens Grip

remains bearish, with the stock continuing to trade in a clear lower-high, lower-low structure after a prolonged decline. The failure to sustain recent pullbacks and repeated selling near resistance highlight persistent supply pressure. As long as the stock stays below the ₹1,820–1,850 zone, the downside risk remains elevated, with a potential retest of the ₹1,700 support and lower levels if weakness persists.