Positive Breakout: BPCL and 7 other stocks cross above their 200 DMA
1/9
Upside Ahead?
In the NSE list of stocks with a market cap of over Rs 1,000 crore, eight stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 17, 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.
2/9
Jindal Worldwide
200 DMA: Rs 354.75| LTP: Rs 378.7
3/9
Heranba Industries
200 DMA: Rs 365.83| LTP: Rs 389.55
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4/9
Subex
200 DMA: Rs 31.58| LTP: Rs 33.4
5/9
Manali Petrochemicals
200 DMA: Rs 69.03| LTP: Rs 71.55
6/9
Elgi Equipments
200 DMA: Rs 482.91| LTP: Rs 488
7/9
Bharat Petroleum Corporation
200 DMA: Rs 352.2| LTP: Rs 354.7
8/9
PC Jeweller
200 DMA: Rs 33.76| LTP: Rs 34
9/9
Page Industries
200 DMA: Rs 39210.91| LTP: Rs 39326.85