RIL, Tata Motors, Titan: More than 50% of Nifty stocks below 200-DMA, what will happen next?

On Monday, November 18, the Nifty 50 index remained below its 200-day moving average (200-DMA). Nifty touched a low of 23,350 during the day, while its 200-DMA stood at 23,560. According to the data, 27 out of 50 Nifty stocks are trading below this level. High of 26,277 in September 2024(…)