Positive Breakout: These 8 stocks cross above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
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Upside Ahead?
In the Nifty500 pack, eight stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on May 05, 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:
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Computer Age Management Services
200 DMA: Rs 746.59| LTP: Rs 797.4
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Titagarh Rail System
200 DMA: Rs 812.92| LTP: Rs 840.2
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Gabriel India
200 DMA: Rs 1058.15| LTP: Rs 1081.8
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Mankind Pharma
200 DMA: Rs 2303.23| LTP: Rs 2319.5
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ITI
200 DMA: Rs 299.84| LTP: Rs 301.7
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Mazagon Dock Shipbuilders
200 DMA: Rs 2617.75| LTP: Rs 2633.4
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Petronet LNG
200 DMA: Rs 281.19| LTP: Rs 282.55
