Recent Price Movement and Market Context
Indo Thai Securities has experienced a consecutive two-day decline, losing approximately 7% over this brief period. The stock underperformed its sector by 5.74% on the day, touching an intraday low of ₹397, which represents a 4.99% drop from previous levels. Notably, the weighted average price indicates that a larger volume of shares traded closer to the day’s low, suggesting selling pressure dominated trading activity.
From a technical standpoint, the stock remains above its 50-day, 100-day, and 200-day moving averages, signalling sustained longer-term strength. However, it is currently trading below its 5-day and 20-day moving averages, reflecting recent short-term weakness. This divergence often points to a temporary pullback...
Read More













