Recent Technical Trend Shift
On 4 December 2025, Sobhagya Mercant’s technical trend transitioned from sideways to mildly bullish. This change indicates that the stock has begun to show signs of upward momentum after a period of consolidation. The current price of ₹920.60 marks the 52-week high, underscoring the recent strength in the share price. The previous close was ₹910.05, and today’s trading range has been relatively narrow, between ₹910.05 and ₹920.60, suggesting a steady buying interest near the peak levels.
Mixed Momentum Indicators
Despite the positive trend shift, momentum indicators present a nuanced picture. The Moving Average Convergence Divergence (MACD) on the weekly chart remains mildly bearish, signalling some hesitation among ...
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