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Technical Momentum Shifts Amidst Mixed Market Signals

Technical Momentum Shifts Amidst Mixed Market Signals

Technical Momentum and Price Movement

As of 24 Nov 2025, DCW’s stock price closed at ₹66.47, down from the previous close of ₹67.56. The intraday range saw a high of ₹67.70 and a low of ₹66.05, positioning the stock closer to its 52-week low of ₹62.12 than its 52-week high of ₹107.72. This price behaviour suggests a consolidation phase with downward pressure prevailing in the short term.

The technical trend has shifted from mildly bearish to bearish, indicating a strengthening of negative momentum. Daily moving averages reinforce this stance, showing a bearish alignment that often signals continued pressure on the stock price. The weekly and monthly charts present a nuanced picture: while the weekly MACD and Bollinger Bands…

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