73% of Nifty50 Stocks Above the 50 EMA: What This Signal Means for Traders

The market breadth has turned decisively positive with 73% of Nifty 50 stocks now trading above their 50 EMA, signaling growing participation in the ongoing rally. According to Rupak De, Senior Technical Analyst at LKP Securities, this sharp improvement reflects strengthening momentum and improving risk appetite, increasing the likelihood of continued upside potential for the […]