Price Movement and Volatility on 24-Nov
Despite opening the day with a positive gap of 5.93%, reaching an intraday high of ₹18.95, K G Denim's shares reversed course sharply to touch a low of ₹16.50, representing a 7.77% decline from the previous close. The stock traded within a wide range of ₹2.45, indicating heightened intraday volatility of 6.88%. Notably, the weighted average price suggests that a greater volume of shares exchanged hands closer to the day's low, signalling selling pressure as the session progressed.
Technical Indicators and Moving Averages
Technically, K G Denim is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This persistent weakness across short, medium, and long...
Read More







