we see very few good stocks below their 200 SMA in monthly candle pattern,
one of them is Karur Vysya Bank (KVB),
few of the examples which i know are Tata motors and Deepak fertilisers came below their 200 SMA and bounced back to their fair value.
KVB tested its lowest and now started forming higher highs and higher lows (Bull phase).
one of them is Karur Vysya Bank (KVB),
few of the examples which i know are Tata motors and Deepak fertilisers came below their 200 SMA and bounced back to their fair value.
KVB tested its lowest and now started forming higher highs and higher lows (Bull phase).