Midcaps flexing muscles as 2 out of 3 BSE500 stocks above 200-DMA. Should you ride the tide?
On the other hand, prominent names among those trading below their 200-DMAs are Adani Transmission, Adani Green Energy, Bajaj Auto, Bajaj Finance, Bandhan Bank, Paytm and Gland Pharma. Stocks trading below their 200-DMAs may be in the oversold zone.
