At these lower levels, the recovery in pricing from the 200-hour moving average indicates that there is a significant demand for the product. The fifty-hour moving average is currently situated around approximately Rs 5,753, which acts as a key hurdle in the near term’s context. There has been a slow but steady improvement in the Read More
The current price is trading below both the 50-day and the 200-day moving averages, signaling that a negative trend is currently prevailing in the market. This positioning reflects sustained weakness and indicates that prices remain under pressure in the broader technical structure. The MACD indicator is displaying a bearish crossover, reinforcing the view that the Read More
