Recent Price Movements and Market Context
Tyroon Tea’s shares opened with a gap down of 2.21% and touched an intraday low of ₹88.40, marking a 7.4% decline during the trading session. The stock is currently trading just 3.37% above its 52-week low of ₹86.10, signalling sustained downward pressure. Notably, the weighted average price indicates that a larger volume of shares exchanged hands near the day’s low, suggesting selling momentum among investors. Furthermore, the stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, reinforcing the bearish technical outlook.
Investor participation has increased, with delivery volumes rising by 54.06% on 20 Jan compared to the five-day average, indicating heightened act...
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