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Beside Adani Green, Adani Transmission; 14 other stocks hit new 52-week low

Whenever a stock hits a new 52-week low, further fall from a medium-term scale appears realistic, with price endorsing further correction of 10 per cent to 12 per cent.

Avdhut Bagkar |Business Standard | Mumbai
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Beside Adani Green, Adani Transmission; 14 other stocks hit new 52-week low

2 min read Last Updated : Jan 31 2023 | 11:23 AM IST
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Over half of the stocks in Nifty 500 index trades below the 200-day moving average (DMA), indicating a weaker breadth ahead of the Union Budget 2023. Altogether, 278 stocks failed to enter on bullish

Topics :Adani Green EnergyAurobindo Pharma52-week lowstocks technical analysistechnical analysistechnical chartsChart Readingstock market tradingMarket AheadBudget 2023

First Published: Jan 31 2023 | 11:23 AM IST

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