In the Nifty200 pack, five stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on March 19, 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:
3B Films IPO opens for subscription at Rs 50 per share
3B Films, a plastic packaging film manufacturer, launched its IPO on Friday at ₹50 per share, aiming to raise ₹33.75 crore. The IPO, open until