Positive Breakout: These 8 stocks close cross above their 200 DMAs
1/13
Bullish Momentum
In the Nifty500 pack, 12 stocks' closing prices crossed above their 200 DMAs (Daily Moving Averages) on October 9, 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
2/13
Lloyds Metals & Energy
200 DMA: Rs 1,327.17| LTP: Rs 1,350.1
3/13
Berger Paints India
200 DMA: Rs 526.9| LTP: Rs 533
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4/13
Bandhan Bank
200 DMA: Rs 161.51| LTP: Rs 163.3
5/13
Cipla
200 DMA: Rs 1,496.86| LTP: Rs 1,513.1
6/13
Max Healthcare Institute
200 DMA: Rs 1,145.91| LTP: Rs 1,155.8
7/13
AWL Agri Business
200 DMA: Rs 266.56| LTP: Rs 268.15
8/13
Oil & Natural Gas Corporation
200 DMA: Rs 242.17| LTP: Rs 243.39
9/13
Voltas
200 DMA: Rs 1376.26| LTP: Rs 1382
10/13
Glaxosmithkline Pharmaceuticals
200 DMA: Rs 2,752.91| LTP: Rs 2,761
11/13
Dr. Reddy's Laboratories
200 DMA: Rs 1,243.06| LTP: Rs 1,246.1
12/13
Oil India
200 DMA: Rs 417.08| LTP: Rs 417.9
13/13
NTPC
200 DMA: Rs 335.21| LTP: Rs 335.85