5 Stocks to Avoid in Current Market: SRF, Devyani, Sumitomo, Sona BLW, PI Industries
AI Summary1 min read
TL;DR
Five stocks to avoid due to bearish technical signals like Death Cross and negative MACD, suggesting potential 15% declines. Support and resistance levels are noted for each.
Tags
stocks to avoidbearish technical formationsDeath CrossMACDmarket analysis
Five stocks to avoid in the current market: SRF, Devyani International, Sumitomo Chemical India, Sona BLW Precision Forgings, and PI Industries. These stocks have formed bearish technical formations, such as "Death Cross" and negative MACD crossovers, indicating a potential decline of up to 15%. Support and resistance levels have been identified for each stock.
