The price of ITD Cementation India Ltd has gone through several phases over time:
Early Growth Phase:
For a long period, the price remained relatively stable with minimal movement. It was mostly trading within a narrow range without any significant jumps.
Strong Upward Movement:
At a certain point, the price started rising steadily and entered a strong growth phase. It climbed consistently over several months, with only minor pauses along the way.
Peak & Pullback:
The price reached its highest point at 694.30, marking a peak. After this, it experienced a drop of about 25% from this level.
Current Stabilization:
Recently, the price has been moving in a tighter range with smaller fluctuations compared to the previous uptrend.
It has been holding near 520-560, with occasional dips and recoveries.
It has not returned to its previous lowest points, but it has also not broken back into new highs.
Overall Story:
The price experienced strong momentum upwards, followed by a correction from its peak.
Now, it appears to be in a phase of adjustment, where it is not making extreme moves in either direction.
It is fluctuating within a specific zone while market participants assess the next course of action.
Disclaimer
"Not SEBI registered. This is for educational purposes only, not financial advice. Do your own research before investing."
#ITDCEM #StockMarket #TradingView #PriceAction #MarketTrends #StockAnalysis #Investing #StockTrading #MarketUpdates #ITDCementation #StockInsights #Finance
Early Growth Phase:
For a long period, the price remained relatively stable with minimal movement. It was mostly trading within a narrow range without any significant jumps.
Strong Upward Movement:
At a certain point, the price started rising steadily and entered a strong growth phase. It climbed consistently over several months, with only minor pauses along the way.
Peak & Pullback:
The price reached its highest point at 694.30, marking a peak. After this, it experienced a drop of about 25% from this level.
Current Stabilization:
Recently, the price has been moving in a tighter range with smaller fluctuations compared to the previous uptrend.
It has been holding near 520-560, with occasional dips and recoveries.
It has not returned to its previous lowest points, but it has also not broken back into new highs.
Overall Story:
The price experienced strong momentum upwards, followed by a correction from its peak.
Now, it appears to be in a phase of adjustment, where it is not making extreme moves in either direction.
It is fluctuating within a specific zone while market participants assess the next course of action.
Disclaimer
"Not SEBI registered. This is for educational purposes only, not financial advice. Do your own research before investing."
#ITDCEM #StockMarket #TradingView #PriceAction #MarketTrends #StockAnalysis #Investing #StockTrading #MarketUpdates #ITDCementation #StockInsights #Finance
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.