Intraday Price Movement and Volume Dynamics
On the trading day in question, Jindal Photo’s shares touched an intraday low of ₹1,358.55, marking a 4.74% drop from previous levels. The weighted average price for the day skewed towards this lower price point, indicating that a significant volume of shares exchanged hands closer to the day’s lows. This suggests selling pressure intensified as the session progressed, pushing the price downward. Despite this, the stock remains well above its 50-day, 100-day, and 200-day moving averages, signalling that the longer-term trend remains positive. However, the price is currently below the 5-day and 20-day moving averages, reflecting recent short-term weakness.
Investor Participation and Liquidity ConsiderationsRead More









