 "Nifty")
Nearly 310 stocks in the Nifty 500 index are indicating a bullish trend as they trade comfortably above the 200-day moving average (DMA). The 200-DMA is derived from the average values of 200 sessions of stocks / securities which helps in identifying whether the price trades above or below the mean. If the stock price trades above the 200-DMA, it exhibits a buying momentum, and if trades below the level, it is said to be in the negative zone.
The benchmark indices, Nifty 50 and S&P BSE Sensex, have also rebounded from their respective 200-DMA lows. This shows support and
