#KOHINOOR price has halted close to 200 EMA. Technically, it looks favorable for entry as the relative strength has pulled back to the average.

However, the catch lies in the fundamentals. There has been constant sales de-growth which indicates that the company has lost its market share. Company has no operating profit to show for.

In last quarter, promoters have dumped their holdings to public. In summary, this is a counter to avoid.

Do let me know your views in the comments.