Positive Breakout: These 6 stocks cross above their 200 DMAs
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Upside Ahead?
In the Nifty500 pack, six stocks' closing prices crossed above their 200-day moving averages (DMA) on October 16, 2026, according to StockEdge's technical scan data. The 200-day moving average (DMA) is used by traders as a key indicator for determining the overall trend of a stock. As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an overall uptrend.
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HBL Engineering
200 DMA: Rs 754.68| LTP: Rs 833.15
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Poonawalla Fincorp
200 DMA: Rs 441.26| LTP: Rs 448.95
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Bajaj Finance
200 DMA: Rs 974.8| LTP: Rs 982.1
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Tejas Networks
200 DMA: Rs 472.11| LTP: Rs 474.75
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Bharti Airtel
200 DMA: Rs 1896.68| LTP: Rs 1905
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Hitachi Energy India
200 DMA: Rs 28975.38| LTP: Rs 28990