One in three of Nifty 500 stocks in bear territory

When an index or a stock trades below its 200-DMA, it points to a bearish trend and vice versa. The 200- DMA is considered a long-term moving average as it signifies a stock's trend over the past year. A year has roughly 200 trading sessions.

from Markets-Economic Times https://ift.tt/2Zy2EWI