In the Nifty500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on July 8, 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:
10 penny stocks plunge up to 53% in a month – Are you affected?
Ten penny stocks with market caps under Rs 1,000 crore and prices below Rs 20 fell 25–53% in one month, highlighting high volatility, liquidity risks,