The counter opened at Rs 115.50, marginally higher than the previous close of Rs 115.40, and maintained its positive trajectory through the session so far.
Intraday trading volumes were strong, with total traded quantity at 6.65 lakh shares and turnover of Rs 7.80 crore, indicating active market participation. The stock registered a low of Rs 115.50 during the day, which also coincided with its opening price, before moving steadily higher to test the Rs 118 mark.
Technically, Trendlyne data suggests that the stock remains well supported above key short- and medium-term technical levels.
The 5-day exponential moving average (EMA) stood at Rs 113.9, while the 10-day EMA and 20-day EMA were placed at Rs 112.2 and Rs 110.6, respectively. Longer-term indicators also remain aligned, with the 50-day EMA at Rs 109.7 and the 100-day EMA at Rs 107.8, suggesting that the stock is trading comfortably above these reference points.
The 200-day EMA was recorded at Rs 105.1.On the momentum front, the relative strength index (RSI) on the daily chart was at 68.94, approaching the overbought territory but still showing firm momentum.The volume-weighted average price (VWAP) was reported at Rs 117.28, reflecting consistent buying interest through the day.
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