Kalyan Jewellers faces ₹620 resistance, analyst flags ₹650–660 exit zone
Market analyst Anshul Jain says the jewellery retailer’s recent recovery appears to be a technical pullback after a buying climax. He advises investors to watch ₹620 resistance and consider exits near ₹650–660 if the stock shows rejection.
Market analyst Anshul Jain advises investors to treat any Kalyan Jewellers share-price recovery as an exit opportunity, citing a technical pullback after a buying climax. He identifies Rs 620 resistance and recommends exiting around Rs 650-660, especially on a rejection candle.
Why this matters
The technical call follows reports of a 5 crore-share block deal and an expected 8%–10% discounted block deal, while Kalyan Jewellers has also drawn attention for its Swiggy Instamart gold and silver coin tie-up.
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