Intraday Volatility and Price Movement
On the trading day in question, the stock opened with a positive gap, rising 2.35% initially and reaching an intraday high of ₹1,510, marking a 3.04% increase from the previous close. However, this early optimism was short-lived as the price subsequently declined sharply, touching an intraday low of ₹1,390, a 5.15% drop. The weighted average price indicates that a greater volume of shares traded closer to the lower end of the day’s price range, suggesting selling pressure intensified as the session progressed.
Technical Indicators and Moving Averages
From a technical standpoint, the stock remains above its 50-day, 100-day, and 200-day moving averages, which generally signals a positive medium to long-term t...
Read More












