Electrovaya's 15min chart: Bollinger Bands Narrowing signals potential bearish trend

According to Electrovaya's 15-minute chart, the recent price movements have triggered a narrowing of Bollinger Bands and a bearish Marubozu formation at 03/26/2026 14:30. This suggests that the magnitude of stock price fluctuations has decreased, indicating that sellers are currently in control of the market. Furthermore, this bearish momentum is likely to persist in the near future.