In the Nifty200 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on May 15, 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:
NSE IX signs MoU with Cyprus stock exchange to boost cross-border market ties
The strategic partnership was officially sealed during Prime Minister Narendra Modi’s state visit to Cyprus, in the presence of Cypriot President H.E. Nikos Christodoulides, at