In the Nifty500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on March 4, 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:
Aegis Vopak Terminals, The Leela IPOs to list on Monday: Here’s what GMP indicates
Aegis Vopak Terminals and Schloss Bangalore debut on June 2 with muted investor sentiment. Both IPOs saw modest GMPs and were driven mainly by institutional