Positive Breakout: These 7 stocks cross above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
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Upside Ahead?
In the Nifty500 pack, seven stocks' closing prices crossed above their 200-day moving averages (DMA) on October 12, 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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The New India Assurance Company
200 DMA: Rs 163.31| LTP: Rs 187.02
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Prime Focus
200 DMA: Rs 273.76| LTP: Rs 281.95
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Brigade Enterprises
200 DMA: Rs 568.02| LTP: Rs 578
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Zen Technologies
200 DMA: Rs 1588.35| LTP: Rs 1610
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The Phoenix Mills
200 DMA: Rs 1822.52| LTP: Rs 1840
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Hexaware Technologies
200 DMA: Rs 546.36| LTP: Rs 549.85