Short-Term Price Movement and Market Context
Arman Financial’s stock has been under pressure over the past week, declining by 5.60%, significantly underperforming the Sensex benchmark, which fell by only 0.59% during the same period. The downward trend has extended over the last three consecutive trading sessions, with the stock losing 6.03% in returns. On 03-Dec, the stock opened with a gap down of 2.38%, signalling immediate bearish sentiment among investors. Intraday, the share price touched a low of ₹1,535.05, representing a 3.33% drop from the previous close.
Technical indicators reveal that while the stock remains above its 200-day moving average—a sign of long-term strength—it is currently trading below its 5-day, 20-day, 50-day, and 100-day moving averages. Thi...
Read More









