 |
|
|
|||||
In the Nifty500 pack, four stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on December 17, 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 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
Category:
News and Media
Ambuja Cements' shares rose after announcing the merger of Sanghi Industries and Penna Cement. Sanghi shareholders will receive 12 Ambuja shares for every 100 they own. This merger boosts Ambuja's cement production capacity, aiming to exceed 100 MTPA by the fiscal year-end. The move streamlines operations and enhances shareholder value.
Category:
News and Media
So, you throw down your cards and you wait for the opponent to show their cards and then he makes a different play after that. So, it is a wait and watch. Markets have priced in one level of Trump moves post Jan 20th but let us see what actually comes, that could surprise, so that is one. As far as the Fed goes, a rate cut tomorrow and then a pause probably.
Category:
News and Media
All news |
||||||||||||||||||
|
||||||||||||||||||