ABB, Exide, Pidilite among 5 stocks testing 100-DMA support; charts here

Quick Summary:

In general stocks trading above the key moving averages such as the 20-, 50-, 100- and 200-DMAs are considered trading with a bullish bias and vice versa.

The stock has repeatedly found support around this key moving average in the last two weeks.

Here are FIVE A-group stocks from the BSE 100 and BSE 200 indices, which at present are seen testing support around their respective 100-day moving averages.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Daily moving averages Abb india Exide industries Godrej properties Pidilite industries Trading strategies Market outlook Stocks above 100-DMA Technical charts Stocks technical analysis Gujarat gas

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 10:37:33 (9 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 757 words

Reading Time: 5 minutes read

Sentences: 41 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22132630

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Main Topics: BusinessFinance

Official Website: business-standard.com

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News Last Updated: 3 hours ago

Coverage Areas: India

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