Recent Price Movement and Market Performance
The stock opened with a significant gap down of 6.18% and touched an intraday low of ₹225, marking a 7.01% decline during the trading session. This reversal came after three consecutive days of gains, signalling a shift in investor sentiment. Despite a rise in delivery volume by 47.04% on 05 Feb compared to the five-day average, the weighted average price indicates that more trading occurred near the day’s low, suggesting selling pressure dominated the session.
Technically, the share price remains above its five-day moving average but continues to trade below longer-term averages including the 20-day, 50-day, 100-day, and 200-day moving averages. This positioning highlights a cautious outlook among traders, with the stock st...
Read full news article











