In the Nifty500 pack, seven stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 4, 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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Britannia Q1 Results: Profit rises 14% to Rs 593 crore on volumes, price rise
Britannia Industries Ltd on Thursday reported 14.08 per cent rise in consolidated net profit at Rs 593.38 crore for the...
-1024x683.jpg "The Key Battles for Senate Control Are Set")
