Absolutely, the setup is quite good and if we see a lot of negative catalysts did come in especially this week with the Nancy Pelosi’s visit and the Chinese armed drills right off the shore of Taiwan, but still we saw the Taiwanese market going up nearly 2%.
Positive Breakout: These 7 stocks cross above their 200 DMAs
In the Nifty 500 pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 17, according to stockedge.com’s technical scan