7 Stocks That Have Crossed Over 200 Daily Moving Average

Here are 7 stocks identified by technical analyst of Prabhudas Lilladher that have crossed over 200 daily moving average.

Stocks
Company NameMarket Capitalisation (Rs in Crore)Current market price per share (Rs)
PB Fintech Ltd23,000.95511
Lotus Eye Hospital And Institute Ltd146.4170.40
ARCHIES Limited67.0519.85
Thermax Limited25,379.102129.90
Petronet LNG Limited32,865219.10
Voltas Limited29,945.07905
Syngene International Ltd23,285.21580.05

(Source: BSE)

The markets continue to remain voltile, yesterday Nifty opened gap down and ended 1% below. Volatility index, India VIX rose sharply by 11% to 15.6 levels. Nifty has now fallen almost 580 points (-3%) in last five days. We expect market to remain weak for next few days amid monthly derivatives expiry and increase in global volatility. US Fed and RBI minutes from last meeting, which would be release late in the evening, and would provide some cues to the market." Siddhartha Khemka, Head - Retail Research of Motilal Oswal Financial Services Ltd commented about the volatility.

Disclaimer

This article is for information purposes only and is not a recommendation to buy, sell or hold. Greynium Information Technologies, Prabhudas Lilladher and the Author, are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to consult with certified experts before making any investment decision.

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