Recent Price Movement and Market Context
Swastika Investmart’s shares have been under pressure, hitting a new 52-week low of Rs. 77 during the trading session on 04-Dec. The stock’s performance today notably underperformed its sector by 3.6%, signalling a weaker investor sentiment compared to peers. Over the last two days, the stock has declined by approximately 4.19%, indicating a sustained selling momentum. Intraday, the stock touched a low of Rs. 77, representing a 3.94% drop from its previous close, underscoring the intensity of the recent sell-off.
Adding to the bearish signals, Swastika Investmart is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. This technical positioning often suggests a lack of short-...
Read More













