In the NSE list of stocks with a market cap of over Rs 10,000 crore, five stocks closed prices crossed above their 200 DMA (Daily Moving Averages) on January 21, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
Bullish Momentum: 8 stocks with White Marubozu Pattern
On April 11, eight stocks in the Nifty500 pack came to the bullish scanner of “White Marubozu”, according to stockedge.com’s technical scan data. A White