In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on April 22, 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:
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Greece approves $4b Israel air defense procurement
Greece’s National Security Council (KYSEA) today approved an historic deal to procure a multi-layered air defense system from Israel...
-1024x683.jpg "House GOP Approves Billion Budget Framework")
