Recent Price Movement and Market Performance
TCI Express has experienced a notable downward trend in recent sessions, with the stock falling for two consecutive days and losing 5.51% over this period. Intraday trading saw the share price touch a low of ₹503.1, representing a 5.7% decline from previous levels. The weighted average price indicates that a larger volume of shares exchanged hands closer to this lower price point, signalling selling pressure. Furthermore, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, underscoring a bearish technical outlook.
Investor participation has also waned, with delivery volumes on 30 January dropping by 65.52% compared to the five-day average, suggesting reduced...
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