Positive Breakout: These 8 stocks cross above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
1/9
Upside Ahead?
In the Nifty500 pack, eight stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on April 23, 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:
2/9
Dr. Reddy's Laboratories
200 DMA: Rs 1256.36| LTP: Rs 1331
3/9
Onesource Specialty Pharma
200 DMA: Rs 1679.5| LTP: Rs 1768.6
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4/9
Adani Enterprises
200 DMA: Rs 2259.66| LTP: Rs 2300
5/9
Elecon Engineering Company
200 DMA: Rs 504.27| LTP: Rs 512.75
6/9
3M India
200 DMA: Rs 32592.9| LTP: Rs 33135
7/9
Divi's Laboratories
200 DMA: Rs 6311.44| LTP: Rs 6378.5
8/9
Nuvama Wealth Management
200 DMA: Rs 1371.26| LTP: Rs 1376.7