Posted On: October 18, 2023

#KALYANKJIL (NSE) Stock Report | 17 Oct 2023

Outlook: Bullish

Sector: Consumer Cyclical

Industry: Luxury Goods

Kalyan Jewellers India Ltd is a Jewellery companies. The business activities of the company is to design, manufacture, and sell a variety of gold, studded and other jewellery products for various occasions such as wedding, festivals and others. It operates in a single segment namely the jewellery business.

#xCalData predicts that # KALYANKJIL will continue its bullish phase over the next five days and trend within the range of 277 to 336.

In comparison to the previous month, the price of the stock has experienced an increase of 31.97% indicating a bullish.

The Stock has doubled once since 06 May 2021 and took an average of 1.6 years to double.

The stock has not shown seasonality trend in the past.

Reviewing the returns for the past 5 years for the same week, we see the stock has given negative returns in 2 years in the past.

Majority of the technical ratios trend towards Bullish side of the spectrum.

Collectively, xCalData suggests the stock would be in Bullish zone for next 5 days.

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