Madhuveer Com 18 Network Ltd Faces Intense Selling Pressure Amid Notable Price Decline

Mar 26 2025 12:00 PM IST
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Madhuveer Com 18 Network Ltd is experiencing significant selling pressure, with the stock declining notably today after four days of gains. Despite a slight increase over the past week, its three-month performance shows a substantial drop, indicating a potential shift in market sentiment and investor confidence.
Madhuveer Com 18 Network Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The stock has experienced a notable decline of 4.94%, contrasting sharply with the Sensex's modest drop of 0.30%. This marks a reversal after four consecutive days of gains, indicating a shift in market sentiment.

Over the past week, Madhuveer Com 18 Network Ltd has seen a slight increase of 2.33%, while the Sensex has risen by 3.10%. However, the stock's performance over the last month is nearly flat at -0.21%, compared to the Sensex's robust gain of 4.27%. More concerning is the three-month performance, where the stock has plummeted by 17.75%, while the Sensex has only dipped by 0.87%.

The stock opened with a gap down of 2.5% today and reached an intraday low of Rs 241.5. Despite being above the 100-day and 200-day moving averages, it remains below the 5-day, 20-day, and 50-day moving averages. This trend suggests a potential shift in investor sentiment, contributing to the current selling pressure.
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