Web Exclusive
NIIT Tech, Trent: 10 stocks that look bullish on moving average indicator

Moving averages play a prominent role in determining the overall market trend. Stocks trading above averages indicate a bullish view, which further leads to an upside rally that capitalises on volume. In short, stocks trading above moving averages witness a rise in volumes as the price starts to gradually move north.   Broadly, three moving averages are considered while looking for short to medium-term trade. This includes 50-day moving average (DMA), 100-DMA, and 200-DMA. Among these, the 200-DMA is most applicable. It identifies the price movement from one year's perspective. .....

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel
Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.