In the NSE large-cap pack, eight stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on October 3, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
ETMarkets Smart Talk: The Psychology of investing! Staying grounded in a bull market, says Nimesh Chandan
Swaying with the pendulum of market mood can compel the investor to buy during a bubble and sell during a crash. But it is important