Positive Breakout: SBI and 2 other stocks cross above their 200 DMA
1/4
Upside Ahead?
In the Nifty500 pack, three stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on September 07, 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.
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Epigral
200 DMA: Rs 1040.43| LTP: Rs 1083.8
3/4
State Bank Of India
200 DMA: Rs 572.95| LTP: Rs 579.05
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Chambal Fertilisers and Chemicals
200 DMA: Rs 285.73| LTP: Rs 287.8