Technical Trend Overview
The company’s technical trend has transitioned from bearish to mildly bearish, reflecting a subtle improvement in price momentum. The stock closed at ₹551.25 on 9 Apr 2026, up 8.58% from the previous close of ₹507.70, with intraday highs touching ₹554.00 and lows at ₹516.35. Despite this positive daily movement, the broader technical signals remain mixed.
On a weekly basis, the Moving Average Convergence Divergence (MACD) remains bearish, indicating that the short-term momentum is still under pressure. However, the monthly MACD has softened to mildly bearish, suggesting that longer-term selling pressure may be easing. The Relative Strength Index (RSI) on…
Key Points
– Stock closed at ₹551.25 on 9 Apr 2026, up 8.58% from previous close of ₹507.70
– Intraday high: ₹554.00, low: ₹516.35
– Weekly MACD: Bearish
– Monthly MACD: Softened to mildly bearish
– RSI: Not specified in article
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