Tag «below 200-DMA»

Day 4 of weakness: HUL, ITC drag Nifty below 200-DMA

29th July, 2013 : Comments by Amar Ambani, Head of Research, India Infoline Day 4 of weakness: HUL, ITC drag Nifty below 200-DMA The benchmark indices extended their losing streak to the fourth straight trading session on Monday. So intense was the selling pressure that the Nifty very swiftly violated its critical 200 Daily …

4th April, 2013 : Thursday – Nifty ends below 200-DMA

The Indian equity market further cracked on Thursday extending its downfall to the second straight trading session. The Nifty has now dropped ~170 points in last two trading session. The benchmark indices witnessed accelerated selling pressure after the Nifty breached the 200 Day Moving Average third time in the past six trading session. The index …

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