Recent Price Movements and Trend Shift
The stock closed at ₹1,199.00, down from the previous close of ₹1,313.00, marking a notable decline in recent sessions. Despite touching a high of ₹1,362.00 during the day, the price retreated to close near the day’s low. Over the past 52 weeks, Spectrum Electr. has traded between ₹1,099.95 and ₹2,254.20, indicating significant volatility and a wide trading range.
The technical trend change from sideways to mildly bearish suggests a subtle shift in market sentiment. While the sideways trend indicated consolidation and indecision, the mildly bearish stance points to increasing selling pressure or weakening momentum.
Technical Indicators: Mixed Signals
Examining the technical indicators reveals a nuanc...
Read More













