$DALBHARAT

Technical analysis of Dalmia Bharat Ltd reveals predominantly bearish signals. The MACD is bearish on both weekly and monthly charts, while Bollinger Bands also indicate downward pressure. The KST and Dow Theory indicators are mildly bearish, and the stock trades below all key moving averages. The RSI shows no clear signal, but the overall technical picture aligns with the recent price weakness. This technical backdrop adds to the challenges facing the stock, as short-term momentum remains negative. Could the technical setup be signalling further downside or is a base formation underway?