Positive Breakout: These 8 stocks cross above their 200 DMAs
, ETMarkets.com|
In the Nifty200 pack, eight stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on March 21, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
Getty Images
200 DMA: Rs 1246.28| LTP: Rs 1293.1
ETMarkets.com
200 DMA: Rs 250.06| LTP: Rs 257.49
ETMarkets.com
200 DMA: Rs 306.05| LTP: Rs 312.8
ETMarkets.com
200 DMA: Rs 540.51| LTP: Rs 547.95
ETMarkets.com
200 DMA: Rs 289.05| LTP: Rs 291.35
ETMarkets.com
200 DMA: Rs 122.17| LTP: Rs 122.52
ETMarkets.com
200 DMA: Rs 1758.84| LTP: Rs 1761.05
ETMarkets.com
200 DMA: Rs 1522.3| LTP: Rs 1523.85
ETMarkets.com
