Positive Breakout: These 11 stocks cross above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
1/12
Upside Ahead?
In the Nifty500 pack, 11 stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on June 16, 2026, according to 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:
2/12
Mahanagar Gas
200 DMA: Rs 1153.21| LTP: Rs 1185.6
3/12
CarTrade Tech
200 DMA: Rs 2332.17| LTP: Rs 2383.8
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4/12
Avenue Supermarts
200 DMA: Rs 4132.42| LTP: Rs 4201.3
5/12
Housing & Urban Development Corporation
200 DMA: Rs 210.16| LTP: Rs 212.83
6/12
Prestige Estates Projects
200 DMA: Rs 1508.78| LTP: Rs 1521.1
7/12
Kotak Mahindra Bank
200 DMA: Rs 405.78| LTP: Rs 407.85
8/12
Tega Industries
200 DMA: Rs 1821.97| LTP: Rs 1830.7
9/12
IRB Infrastructure Developers
200 DMA: Rs 21.22| LTP: Rs 21.3
10/12
NTPC
200 DMA: Rs 354.44| LTP: Rs 355.55
11/12
Indegene
200 DMA: Rs 514.2| LTP: Rs 515.6