Wednesday, May 20, 2020

More than 120 stocks with m-cap of over Rs 10,000 crore trade below 200-DMA

More than 120 stocks with m-cap of over Rs 10,000 crore trade below 200-DMA Nifty50 is trading below both its short term and long term moving average which is slightly bearish in nature. 200-Day SMA is considered as a crucial level by technical chartists to define the long term trend of the market.

from Moneycontrol Market Outlook https://ift.tt/3bWGUE9

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