DEEPAKFERT

Breakdown Deepens the Downtrend

remains firmly bearish as the stock continues to make lower highs and lower lows, with price slipping below key support near Rs 1,050 amid rising selling pressure. The failure to reclaim major moving averages and an elevated ADX indicate a strengthening downtrend, suggesting rallies are likely to face selling interest and the stock could drift further lower unless it decisively regains the Rs 1,100 zone.