In the NSE list of stocks with a market cap over Rs 10,000 crore, seven stocks saw their closing prices cross above their 200-day moving averages (DMA) on February 18, according to StockEdge.com’s technical scan data. The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock price is above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
IPO rush continues: 9 issues to raise Rs 2,768 crore this week
In the upcoming week, the market gears up for an exciting round of initial public offerings, featuring five mainboard IPOs and four small and medium