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Friday, December 20, 2024 | 05:15 PM ISTEN Hindi

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Adani Ports, Mishra Dhatu: 27 stocks set to gain after conquering 200-DMA

The benchmark indices, Nifty 50 and S&P BSE Sensex, have also rebounded from their respective 200-DMA lows.

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The list of stocks that conquered 200-DMA in Monday's session includes names such as Adani Ports and Special Economic Zone Limited (APSEZ), ICICI Lombard.

Avdhut Bagkar Mumbai
Nearly 310 stocks in the Nifty 500 index are indicating a bullish trend as they trade comfortably above the 200-day moving average (DMA). The 200-DMA is derived from the average values of 200 sessions of stocks / securities which helps in identifying whether the price trades above or below the mean. If the stock price trades above the 200-DMA, it exhibits a buying momentum, and if trades below the level, it is said to be in the negative zone.

The benchmark indices, Nifty 50 and S&P BSE Sensex, have also rebounded from their respective 200-DMA lows. This shows support and

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