Anand James of Geojit Investments highlights that less than 20% of large-cap stocks traded above the 200-DMAs, towards the end of October, and now over 60% quote above their long-term moving averages.
Over 65% of Nifty large-cap stocks now above 200-DMAs; mid-, small-caps lag
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Business Standard - LatestBy Rex Cano
EXECUTIVE SUMMARY
Anand James of Geojit Investments highlights that less than 20% of large-cap stocks traded above the 200-DMAs, towards the end of October, and now over 60% quote above their long-term moving averages.
Key Takeaways
- Over 65% of Nifty large-cap stocks now above 200-DMAs; mid-, small-caps lag.
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Published originally on Business Standard - Latest
