Delta Corp Ltd (NSE: DELTACORP). The stock price appears to be in a short-term downtrend. The price has been making lower highs and lower lows over the past few days.
Here are some observations about the trend:
The stock price is currently at ₹121.40, which is down from a high of ₹134.00 earlier in the week. The 50-day moving average (SMA) is at ₹131.10, which is also sloping downwards. This indicates that the stock price has been on a downtrend for the past 50 days.
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