Recent Price Movements and Volatility
Despite opening the day with a positive gap of 2.72%, Morarka Finance's shares failed to maintain momentum, reaching an intraday high of ₹94.5 before succumbing to selling pressure that pushed the price down to an intraday low of ₹85. This wide trading range of ₹9.5 highlights significant volatility, with the stock experiencing an intraday volatility of 5.29% based on the weighted average price. Notably, the weighted average price indicates that a larger volume of shares traded closer to the day's low, signalling stronger bearish sentiment among investors.
Technical Indicators and Moving Averages
Technically, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, an...
Read More








