​Positive Breakout: These 8 stocks crossed above their 200 DMAs

Ritesh Presswala, ETMarkets.com

Sep 19, 2024

Tend Tracker

In the NSE list of stocks with a market cap of over Rs 1,000 crore, the closing prices of eight stocks crossed above their 200-day moving averages (DMA) on September 18, according to technical scan data from StockEdge.com. The 200-day DMA is used as a key indicator by traders to determine the overall trend of a particular stock. As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend. Take a look:

Image Source: ETMarkets.com

Centrum Capital

200 DMA: Rs 35.95 | LTP: Rs 37.38

Image Source: ETMarkets.com

Agro Tech Foods

200 DMA: Rs 801.67 | LTP: Rs 831.05

Image Source: ETMarkets.com

Vakrangee

200 DMA: Rs 22.59 | LTP: Rs 23.28

Image Source: ETMarkets.com

Graphite India

200 DMA: Rs 569.4| LTP: Rs 586.35

Image Source: ETMarkets.com

DCM Shriram Industries

200 DMA: Rs 195.76 | LTP: Rs 199.46

Image Source: ETMarkets.com

Hinduja Global Solutions

200 DMA: Rs 881.65 | LTP: Rs 895.55

Image Source: ETMarkets.com

Dollar Industries

200 DMA: Rs 511.86 | LTP: Rs 517

Image Source: ETMarkets.com

Varroc Engineering

200 DMA: Rs 560.95 | LTP: Rs 564.45

Image Source: ETMarkets.com

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