Technical Analysis

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On March 5, 2026, thirteen stocks in the Nifty500 index closed above their 200-day daily moving averages, signaling potential uptrends according to technical analysis. This development, identified by stockedge.com's scan, highlights positive momentum in the Indian equity market. Traders view prices above the 200 DMA as an indicator of overall bullish trends.

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Hyperliquid's $HYPE token has shown signs of recovery but faces strong resistance in futures markets. A cluster of $28.9 million in short liquidations looms above the $35 price level, potentially amplifying volatility if breached. Technical indicators suggest building upside momentum, though broader market conditions could influence the outcome.

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