Positive Breakout: These 7 stocks cross above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
1/8
Upside Ahead?
In the Nifty500 pack, seven stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on May 20, 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:
2/8
Tata Communications
200 DMA: Rs 1671.02| LTP: Rs 1775.6
3/8
International Gemological Institute
200 DMA: Rs 338| LTP: Rs 352.3
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4/8
Nava
200 DMA: Rs 603.07| LTP: Rs 627.35
5/8
Saregama India
200 DMA: Rs 394.87| LTP: Rs 406.5
6/8
Capri Global Capital
200 DMA: Rs 183.29| LTP: Rs 185.93
7/8
Piramal Pharma
200 DMA: Rs 175.92| LTP: Rs 176.35