Positive Breakout: These 8 stocks cross above their 200 DMAs – Upside Ahead?

Positive Breakout: These 8 stocks cross above their 200 DMAs – Upside Ahead?

In the Nifty 500 pack, eight stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 27, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the … Read more

Positive Breakout: These 7 stocks cross above their 200 DMAs – Upside Ahead?

Positive Breakout: These 7 stocks cross above their 200 DMAs – Upside Ahead?

In the NSE Midcap pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 6, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the … Read more

Negative Breakout: 5 stocks cross below their 200 DMAs – Downside Ahead

Negative Breakout: 5 stocks cross below their 200 DMAs – Downside Ahead

In the Nifty200 pack, five stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on March 26, 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 … Read more

M&M Fin Q4 net falls 10% on provisions, interest costs

M&M Fin Q4 net falls 10% on provisions, interest costs

Mumbai: Mahindra & Mahindra Financial Services reported a 10% year-on-year fall in profit in the quarter to March amid a sharp rise in provisions and higher finance costs. Standalone net profit fell to ₹619 crore in the quarter from ₹684 crore a year ago, largely as total provisions increased to ₹341 crore in March 2024 … Read more