Positive Breakout: These 10 stocks closed above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
1/11
Riding high
In the NSE list of stocks with a market cap of over Rs 1000 crore, 10 stocks crossed above their 200 DMA (Daily Moving Averages) on May 18, 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.
2/11
Restaurant Brands Asia
200 DMA: Rs 112.59| LTP: Rs 122.5
3/11
Honeywell Automation India
200 DMA: Rs 39146.45| LTP: Rs 40206.65
Amazon Top Deals
POWERED BY

Crompton Ozone 75 Litres Desert Air Cooler for home | Large & Easy Clean Ice Chamber | 4-Way Air Deflection | High Density Honeycomb Pads | Everlast Pump | Auto Fill| 3 Year Brand Warranty
₹9,798Buy Now43%
OFF

atomberg Studio Smart+ 1200mm BLDC Ceiling Fan with IoT & Remote | BEE 5 star Rated Energy Efficient Ceiling Fan | High Air Delivery with LED Indicators | 3 Year Warranty (Earth Brown)
₹5,903Buy Now36%
OFF

LG 32 L Convection Microwave Oven (MC3286BRUM, Black, 360° Motorised Rotisserie for Bar-be-queing, 301 Auto Cook Menu, Stainless steel cavity, Indian Cuisine, Tandoor Se, Steam Clean & Diet Fry)
₹19,340Buy Now19%
OFF
4/11
Styrenix Performance Material
200 DMA: Rs 820.05| LTP: Rs 838.1
5/11
RPSG Ventures
200 DMA: Rs 464.96| LTP: Rs 469.55
6/11
Edelweiss Financial Services
200 DMA: Rs 62.04| LTP: Rs 62.6
7/11
Triveni Engineering & Industries
200 DMA: Rs 270.07| LTP: Rs 270.85
8/11
Sapphire Foods India
200 DMA: Rs 1309.92| LTP: Rs 1313.6
9/11
Gujarat Fluorochemicals
200 DMA: Rs 3312.24| LTP: Rs 3317.85
10/11
Varroc Engineering
200 DMA: Rs 300.09| LTP: Rs 300.45