Positive Breakout: These 8 stocks cross above their 200 DMAs
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Upside Ahead?
In the Nifty500 pack, 16 stocks closed above their 200-day moving average (DMA) on May 7, 2026, according to technical scan data from StockEdge. Among these, we have highlighted the top eight stocks that posted gains of more than 3%. 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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Godrej Industries
200 DMA: Rs 1048.38| LTP: Rs 1226.85
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Tejas Networks
200 DMA: Rs 488.04| LTP: Rs 533.4
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Piramal Pharma
200 DMA: Rs 177.39| LTP: Rs 183.73
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Bosch
200 DMA: Rs 36976.58| LTP: Rs 37895
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Gland Pharma
200 DMA: Rs 1829.17| LTP: Rs 1870.6
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Bharat Dynamics
200 DMA: Rs 1453.86| LTP: Rs 1466.9
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One97 Communications
200 DMA: Rs 1191.65| LTP: Rs 1197.4
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Exide Industries
200 DMA: Rs 363.62| LTP: Rs 364.45