Recent Price Movement and Market Context
On 02-Dec, Indian Link Chain opened with a gap down of 2%, immediately setting a bearish tone for the trading session. The stock traded at its intraday low of ₹2,249.10 and remained at this level throughout the day, indicating a lack of upward momentum. This decline extends a three-day losing streak, during which the stock has shed approximately 5.88% of its value. Compared to its sector peers, the stock underperformed by 2.03% on the day, signalling relative weakness in investor sentiment.
Technical Indicators and Investor Participation
Despite the recent dip, Indian Link Chain’s current price remains above its 50-day, 100-day, and 200-day moving averages, suggesting that the longer-term trend remains in...
Read More





