How far can this rally sustain? Analysts believe record high could be in the offing How far can this rally sustain? Analysts believe record high could be in the offing

“In the Nifty500 index, the percentage of stocks above 200-DMA, which is a gauge of durability of uptrend, has crossed the important threshold of 60 per cent. In all the previous three occasions, such a reading has led to an extended rally towards all-time highs,” said ICICI Securities.

from MF-Economic Times https://ift.tt/3lmC5JT
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