Jetking Infotrain Ltd Sees Strong Buying Activity Amid Bullish Market Trends
In terms of price movement, Jetking opened with a gap up of 2% at Rs 112.45 and reached an intraday high of the same price, indicating strong buyer interest at this level. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bullish trend.
The IT - Education sector, in which Jetking operates, has also performed well, gaining 8.42%. This sectoral strength, combined with Jetking's impressive one-year performance of 103.24% against the Sensex's 8.13%, may be contributing to the heightened buying pressure observed in the stock.
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