Technical Momentum and Market Assessment
Price Momentum and Daily Trading Range
On 2 December 2025, Wockhardt’s share price closed at ₹1,470.90, marking a significant day change of 19.24% from the previous close of ₹1,233.55. The intraday range fluctuated between ₹1,226.15 and ₹1,480.25, reflecting heightened volatility. Despite this surge, the current price remains below the 52-week high of ₹1,870.00, while comfortably above the 52-week low of ₹1,109.60, indicating a broad trading band over the past year.
Technical Trend Evolution
The overall technical trend for Wockhardt has shifted from a bearish to a mildly bearish classification. This subtle change suggests that while downward pressures persist, the intensity of the negative momentum has moderated. Such a…
