In the Nifty 500 pack, 7 stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on July 7, according to stockedge.com’s technical scan data. Trading below the 200 DMA is considered a negative signal because it indicates that the stock’s price is below its long-term trend line. The 200 DMA is used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:
Zee Entertainment Enterprises on Thursday failed to secure the required shareholder votes to raise funds by issuing warrants, blocking plans…
Shareholders of Zee Entertainment Enterprises Ltd. (ZEEL) have approved the appointment of Divya Karani as an Independent Director and Saurav…
The Indian market is likely to consolidate on Tuesday, tracking mixed global cues. The Nifty future closed positively with marginal…
