Cochin Shipyard Faces Bearish Technical Momentum Amid Market Volatility

Cochin Shipyard's stock has seen a shift in technical momentum, with key indicators signaling a bearish outlook. The stock closed at ₹1,560.05, marking a 1.72% decline from the previous close. Over the past week, the stock has decreased by 3.56%, underperforming the Sensex. The Moving Average Convergence Divergence (MACD) and Bollinger Bands indicate weakening momentum, while the Relative Strength Index (RSI) remains neutral.