The Indian market is expected to trade higher on 28 November 2024, supported by positive global cues. Nifty futures closed at 24,309, with options data suggesting a range between 23,800 and 24,800. Experts recommended stocks like BEL, CAMS, Deepak Fertilizers, HAL, InterGlobe Aviation, Syngene, and Bank of India for short-term traders.
Negative Breakout: These 8 stocks cross below their 200 DMAs
In the Nifty500 pack, eight stocks’ closing prices crossed below their 200 DMAs (Daily Moving Averages) on August 4, according to stockedge.com’s technical scan data.