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 September 1, 2026, according to stockedge.com's technical scan data. Traders use the 200-day daily moving average (DMA) as a key indicator to determine 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
Adani Ports and Special Economic Zone
200 DMA: Rs 1600.77| LTP: Rs 1647.5
3/8
Mphasis
200 DMA: Rs 2463.05| LTP: Rs 2505.5
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4/8
Balkrishna Industries
200 DMA: Rs 2294.49| LTP: Rs 2331.8
5/8
Supreme Industries
200 DMA: Rs 3571.7| LTP: Rs 3605
6/8
Castrol India
200 DMA: Rs 185.59| LTP: Rs 186.02
7/8
Fortis Healthcare
200 DMA: Rs 913.65| LTP: Rs 915