In the Nifty500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on September 27, 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:
Sitting on 12-15% cash; to invest in 2 themes on correction: Sandip Sabharwal
Sandip Sabharwal discusses his investment strategy, highlighting a focus on capital goods, infrastructure, and defense sectors. He plans to deploy cash selectively as stock corrections