Short-Term Price Movement and Intraday Volatility
On the day in question, Nath Industries outperformed its sector by 2.39%, signalling relative strength within its peer group. The stock reached an intraday high of ₹66.99, marking a 6.54% increase from its previous close, before dipping to a low of ₹61.16, down 2.74%. This intraday volatility suggests active trading interest and a degree of price discovery as investors responded to market cues.
Despite the price rally, the weighted average price indicates that a greater volume of shares traded closer to the day's low, hinting at some selling pressure or cautious profit-taking among participants. The stock's price currently sits above its 5-day moving average but remains below its 20-day, 50-day, 100-day, and 200-day mov...
Read More











