In the NSE large-cap pack, six stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on April 11, 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. Take a look:
Buy the dip, stay invested: Matt Orton sees more upside for global markets
Global markets are gaining traction as geopolitical worries ease and AI companies report strong earnings. Matt Orton of Raymond James highlights that receding oil prices