Nearly 85 percent of stocks in Nifty index trading above their 200-day moving average
The 200-DMA is a key parameter used by technical analysts, representing the average closing price of a stock over the past 200 days. It helps assess a stock's momentum, relative to its current price.
The founder of Indiacharts pointed out that, for almost 18 months till March, there wasn’t participation from mid- and small-caps “in a big way”, but that is changing now
Market overcomes a midday dip to close strong- the Nifty above its 200-day moving average at 5230, riding on bullish signals from global markets, says Udayan Mukherjee, managing editor, CNBC-TV18