The 200-DMA is a technical indicator widely used to determine the long-term trends of the underlying index or stock. Indices or stocks trading below the 200-DMA are considered to be in a downtrend.
The 200-DMA is a technical indicator widely used to determine the long-term trends of the underlying index or stock. Indices or stocks trading below the 200-DMA are considered to be in a downtrend.
<iframe src="https://hindustansphere.com/embed/cluster/fb311749e91dedb9d83ad16caed82d5b66d36224" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="SBI, BoB, Canara Bank: 8 out of 12 Nifty PSU Bank stocks trade below 200-DMA"></iframe>
