“Markets may witness consolidation after five weeks of the successive rise and it would be healthy. We hardly saw any major decline in the index in the recent phases of consolidation, however a lot would depend on the performance of US indices where we still see room for further upside,” said Ajit Mishra, VP – Research, Religare Broking.
Positive Breakout: These 10 stocks cross above their 200 DMAs
In the Nifty 200 pack, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 20, according to stockedge.com’s technical scan