“The huge opening upside gap of Monday remains unfilled. Technically, this pattern indicates strong upside momentum and a decisive upside breakout of the previous top at 20200 levels,” said Nagaraj Shetti, technical research analyst, HDFC Securities.
You have to see FMCG sector doing well. You have to see two-wheeler sector doing much better. You have to see the entry-level car markets
In the Nifty200 pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 16, according to stockedge.com’s technical scan data.
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