In the Nifty200 pack, these four stocks closed above their 200 DMAs (Daily Moving Averages) on May 15, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
Fund Manager Talk | Markets may move in 5% range till festive season: Trideep Bhattacharya
Indian equities are expected to consolidate in a narrow range over the next few months as corporate earnings remain the missing link, says Trideep Bhattacharya