Lower Highs, Lower Lows – HUDCO Stays in Downward Channel

As of 14 August 2025,

closed negative for the second consecutive session, reflecting continued selling pressure. The stock has been forming a Lower High & Lower Low structure, a sign of a prevailing downtrend. Since late June 2025, prices have been moving within a downward channel, indicating a sustained bearish phase. Currently, HUDCO is trading below its 50, 100, and 200-day Simple Moving Averages (SMA), highlighting overall weakness in momentum. A notable support zone lies near ₹205, which is defined by the low of 7 August 2025 (₹205.7), the low of 9 May 2025 (₹204.5), and the lower edge of the descending channel. Price action around this area will be important in understanding the stock’s ongoing technical structure. Disclaimer: This document is prepared by SEBI RRA (Reg. No. INH000016649), solely for informational purposes. It does not constitute investment advice, trading recommendations, or an offer to buy/sell any securities. Information is based on sources deemed reliable but is not guaranteed for accuracy or completeness. No warranty, express or implied, is provided. Portions of this content may have been reviewed or refined using AI tools to enhance grammatical accuracy and sentence structure. Past performance is not indicative of future results. Investments are subject to market risks. Investors should consult a qualified financial advisor before making decisions. SEBI registration and NISM certification do not assure performance or returns. Any securities mentioned, if any, are purely illustrative and not recommendations.