Recent Price Movement and Market Context
On 27 November, Anmol India’s stock closed near its 52-week low, just 2.3% above the lowest price of ₹14.04 recorded over the past year. This proximity to the annual low signals persistent selling pressure. The stock underperformed its sector by 1.71% on the day, and it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Such technical weakness often discourages short-term investors and traders, contributing to further downward momentum.
Investor participation has also waned, with delivery volumes on 26 November falling by over 51% compared to the five-day average. This decline in trading activity suggests reduced interest or confidence among market participants, which ca...
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