75% of Nifty50 stocks trade below their 200-DMA

May 08, 2022 1 min read

After sharp sell-off

Mr. Sunil Nyati, Managing Director of Swastika Investmart Limited shared in different publications that,16000-15500 technically is an important demand zone for the Nifty50 index where we can expect some buying interest. However, bulls will need to do the heavy lifting to cross the 17,000-17,250 supply zone. Read here to know more: