Kaynes Technology

Technical Analysis Trend: Clear downtrend after breakdown from ₹6,700. Structure: Lower highs & lower lows. Support: ₹3,600 – ₹3,700 zone (demand area). Resistance: ₹4,550 – ₹4,600. Bias: Bearish to neutral until structure changes. Fundamental Analysis High-growth EMS (electronics manufacturing services) player. Strong revenue and profit growth visibility. High valuation premium; sensitive to earnings disappointment. Long-term story intact but short-term momentum weak. Summary: Fundamentally strong, technically weak at the moment.