KSCL will bounce back ?
current situation given below does not look good but forming a double bottom.
❌RSI 28.3 — neutral/bullish zone (40–65)
❌MACD histogram -2.4328 — positive momentum
❌Price above EMA 50
❌Price above SMA 200
❌Volume ratio 0.35× — elevated activity
❌20-day slope -0.3372 — upward trend
✅ADX 30.8 — trend has strength (>25)
❌BB position 0.00 — not extended (0.3–0.7)
❌Within 41.1% of 52-week high
❌Higher-high streak: 0 consecutive
Will It bounce back?