Intraday Price Movements and Trading Patterns
On the trading day of 11-Dec, Anand Rayons began on a positive note, opening with a gain of 2.17% and reaching an intraday high of ₹397, reflecting initial optimism among traders. However, this momentum did not sustain, as the stock ultimately declined to its day’s low of ₹369.15, marking a 4.99% drop by the close. The weighted average price indicates that a larger 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, Anand Rayons’ current price remains above its 200-day moving average, a long-term bullish indicator. However, it is trading below ...
Read More









