Intraday Performance and Market Context
Despite the sharp fall on 02-Feb, Goldkart Jewels continues to trade well above its key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning suggests that the stock remains in an overall uptrend, even as it faced selling pressure during the session. The decline of ₹23.00 per share represents a significant intraday correction, underperforming its sector by 7.83% on the day.
Investor Participation and Liquidity
Investor interest in Goldkart Jewels has been rising, as evidenced by a 25% increase in delivery volume on 30 Jan compared to the five-day average. The delivery volume reached 625, signalling heightened participation from shareholders who are ...
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