Recent Price Movement and Market Context
TD Power Systems has experienced a consecutive four-day decline, losing approximately 7.9% over this period. The stock underperformed its sector by 3.44% on the day, touching an intraday low of ₹720.95, representing a 4.93% drop from the previous close. Notably, the weighted average price indicates that a larger volume of shares traded near the day’s low, suggesting selling pressure dominated the session. Despite this, the stock remains above its 50-day, 100-day, and 200-day moving averages, though it is currently trading below its 5-day and 20-day averages, signalling short-term weakness amid longer-term strength.
Investor participation has also waned recently, with delivery volumes on 20 Nov falling by 7.46% compared to the fi...
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