Bounce off the 200-day
Yesterday closed below the 200-day average, today closed back above it.
Plenty of institutional mandates treat the 200-day average as the boundary between a holding and a problem, and that alone makes reclaiming it meaningful, whether or not the average predicts anything. This is the single-bar version. Closed below, closed back above. Read the guide: Golden cross and death cross on NSE stocks →
More reversals:RSI oversold turning upRSI overboughtGolden crossDeath crossMACD bullish crossover
Price and delivery data from the eod2 dataset: National Stock Exchange of India end-of-day files, split- and bonus-adjusted, updated after each close. Not affiliated with or endorsed by NSE. PatternsRadar is a research tool. Nothing here is investment advice or a recommendation to buy or sell anything.