In the Nifty500 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on October 1, according tostockedge.com’s technical scan data.
If we actually close below 49,800, it would end up indicating that we are probably going back to 47,100 to maybe 46,200 kind of range
So, just from a risk-reward perspective and from a cycle perspective, we like pure financials or pure lending institutions more than some of these other
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