Waaree Renewable Technologies Faces Mixed Technical Signals Amid Price Momentum Shift

Price Movement and Market Context

The stock closed at ₹943.25, down from the previous close of ₹985.95, marking a daily decline of 4.33%. Intraday trading saw the price fluctuate between ₹933.30 and ₹994.75. Over the past 52 weeks, the share price has ranged from a low of ₹732.05 to a high of ₹1,479.40, indicating significant volatility within the year.

Comparatively, Waaree Renewable Technologies’ returns have diverged markedly from the broader Sensex index. Over the last week, the stock recorded a return of -10.59%, while the Sensex showed a modest -0.63%. The one-month period saw the stock return -20.19%, contrasting with the Sensex’s 2.27%. Year-to-date figures reveal a decline of 29.76% for Waaree Renewable…

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