Recent Price Movement and Market Context
The stock has been on a downward trajectory for the past four consecutive days, cumulatively losing 7.37% in value. On the day in question, it touched an intraday low of ₹820, representing a 4.14% drop from previous levels. Trading volumes have been concentrated near these lower price points, indicating selling pressure. Furthermore, Titagarh Rail is currently trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a bearish technical outlook.
The railway sector itself has experienced a decline of 3.27%, suggesting that the stock’s fall is partly in line with sectoral weakness. However, the stock’s weekly performance of -6.41% significantly underperforms the Sensex’s ...
Read full news article













