2/3 Of Nifty 50 Stocks Are Trading On The Edge Or Below Its 200 DMA, More Then 14 Nifty Stocks Have Broken Below The 200 DMA & Most Important It Includes HeavyWeights Like : ICICI BANK, SBI, HDFC BANK, KOTAK MAHINDRA BANK, PNB, AXIS BANK, L&T, ONGC, BPCL, RELIANCE IND, BAJAJ AUTO, HERO HONDA, MARUTI, IDFC .... & More On It Earlier In 2010, 12 More Stocks Slipped Below Its 200 DMA Are Still To Recover Like : BHEL, NTPC, SUZLON, POWER GRID, RPOWER, SAIL, SESA GOA, DLF, J.P. ASSOCIATES, RCOM, RCAPITAL, RELINFRA....... & 7 More Stocks Like : HDFC, AMBUJA CEMENT, SIEMENS, TATA POWER, CIPLA, JINDAL STEEL, STERLIT.... Are On The Edge Of Breaking The Long Term Moving Average, Which Is Not Good Sign For Indian Market....
