Cochin Shipyard shares tank 24% in a month. Recovery ahead?



Shares of the PSU defense company Cochin Shipyard (CSL) experienced a significant drop of 24% from their all-time high of 2979 in just one month, with an 8% decline over the past two weeks. Recently, the stock fell below the critical support level of the 100-day Exponential Moving Average (DEMA), indicating persistent weakness. Here's what's in store for the stock.

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