List of stocks that are trading near 200-week EMA
The 200-week EMA is generally used by long-term investors, who accumulate the stocks near this important indicator.
✨ AI Powered Summary
On Friday, the benchmark index Nifty breached its previous low and hit the day’s low at 16,133.80. There was tremendous pressure from the global perspective, and as a result of this, most stocks have significantly corrected 20-25 per cent since their previous swing highs. However, this is a perfect opportunity for medium and long-term investors, who wish to invest in good quality stocks on dips. Such stocks have a strong potential to deliver good returns in the long run.
Some stocks are seen trading near their 200-week EMA, which happens to be a strong support level. The 200-week EMA is generally used by long-term investors, who accumulate the stocks near this important indicator. So, here is the list of stocks that are trading near 200-week EMA. Such stocks are likely to experience strong buying interest near their 200-week EMA.
Here is the list of stocks that are trading near 200-week EMA:
EICHERMOTORS
EQUITAS
RALLIS
SHRIRAMCIT
SRTRANSFIN
THYROCARE
VGUARD