Positive Breakout: These 6 stocks cross above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
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Upside Ahead?
In the Nifty500 pack, six stocks' closing prices crossed above their 200-day moving averages (DMA) on October 30, 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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Wipro
200 DMA: Rs 193.41| LTP: Rs 198.31
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Interglobe Aviation
200 DMA: Rs 4796.29| LTP: Rs 4877.6
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GAIL (India)
200 DMA: Rs 165.93| LTP: Rs 167.91
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Cipla
200 DMA: Rs 1364.5| LTP: Rs 1378.9
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Aditya Birla Capital
200 DMA: Rs 365.99| LTP: Rs 369.45