Positive Breakout: These 8 stocks cross above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
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Upside Ahead?
As of July 29, 2026, 18 Nifty 500 stocks closed above their 200-day moving average (DMA). Among them, we highlighted the top eight that gained more than 4%, based on StockEdge.com's technical scan data. The 200-day daily moving average (DMA) is used by traders as a key indicator for determining the overall trend in 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:"
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Paradeep Phosphates
200 DMA: Rs 139.39| LTP: Rs 156.54
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Concord Biotech
200 DMA: Rs 1270.75| LTP: Rs 1330.4
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Firstsource Solutions
200 DMA: Rs 281.46| LTP: Rs 293.58
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Sonata Software
200 DMA: Rs 305.2| LTP: Rs 317.45
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Hexaware Technologies
200 DMA: Rs 594.9| LTP: Rs 618.3
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Berger Paints India
200 DMA: Rs 502.32| LTP: Rs 520.05
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International Gemological Institute
200 DMA: Rs 337.37| LTP: Rs 347