Positive Breakout: IRCTC, Voltas & 6 other stocks cross above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
1/9
Upside Ahead?
In the Nifty500 pack, 8 stocks crossed above their 200 DMA (Daily Moving Averages) on August 9, according to stockedge.com's technical scan data. The 200-day DMA is used as a key indicator by traders to determine a particular stock's overall trend. 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
Voltas
200 DMA: Rs 820.71| LTP: Rs 849.45
3/9
Zydus Wellness
200 DMA: Rs 1516.94| LTP: Rs 1559.25
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4/9
TTK Prestige
200 DMA: Rs 776.8| LTP: Rs 787.65
5/9
Solar Industries India
200 DMA: Rs 3903.3| LTP: Rs 3955.65
6/9
Pfizer
200 DMA: Rs 3994.71| LTP: Rs 4032.85
7/9
DCM Shriram
200 DMA: Rs 872.16| LTP: Rs 877.05
8/9
Piramal Pharma
200 DMA: Rs 98.84| LTP: Rs 99.35