Pause After the Fall:

KAYNES

Technology has witnessed a sharp corrective move after peaking, reflecting strong selling pressure and heightened volatility. The stock is currently attempting to stabilise near the ₹4,100–4,200 zone, where buying interest is emerging but not yet convincing. Elevated ADX indicates a strong trend, though direction remains uncertain at this stage. A clear base formation or a decisive move above recent consolidation levels is needed to confirm the next directional bias.