Historically, stocks mostly trade above these long-term trend indicators in a roaring bull market. In the event of declines such as the current one, they tend to fall below the 200-DMA, an indication of deep-rooted weakness in the market. The 200-DMA signifies a stock’s trend over the past year. A year has roughly 200 trading sessions.
Inox Wind shares rise 2% after bagging Rs 755 crore turnkey order from Indian Oil
Inox Wind shares rose nearly 2% after securing a ₹755-crore, 100 MW turnkey order from Indian Oil Corporation. The project includes turbine supply, EPC, execution