Over 90% stocks in Nifty 500, midcap, smallcap trading above 200 DMA

Currently, around 452 or 90 percent firms in Nifty 500, around 95 in Nifty Midcap 100 and 90 in Nifty Smallcap 100 are trading above the 200 DMA. Analysts say this indicates that they are potentially nearing an overbought zone

from Moneycontrol Buzzing Stocks https://ift.tt/EUAlui2