Fallen angels! Emkay identifies 5 stocks that may have overcorrected
Many stocks recently witnessed an over-correction, as high as 15%, when the Nifty index corrected 8% as of October 24 from it’s all-time high of 26,277.35 made on September 24. The index is now trading below the 24,300 level and also below most of its significant exponential moving averages (EMAs). Domestic brokerage firm Emkay Global…
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