Positive Breakout: These 9 stocks close cross above their 200 DMAs
1/10
Bullish Momentum
The closing prices of nine stocks from the Nifty200 pack crossed above their 200 DMA (Daily Moving Averages) on September 10, according to stockedge.com's technical scan data. The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
2/10
Union Bank Of India
200 DMA: Rs 127.81| LTP: Rs 132.51
3/10
Bharat Dynamics
200 DMA: Rs 1,447.25| LTP: Rs 1,496.7
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4/10
SBI Cards And Payment Services
200 DMA: Rs 835.49| LTP: Rs 854.4
5/10
Bank Of Baroda
200 DMA: Rs 234.59| LTP: Rs 238.01
6/10
Coal India
200 DMA: Rs 387.96| LTP: Rs 391.9
7/10
LTIMindtree
200 DMA: Rs 5,282.24| LTP: Rs 5,307
8/10
Cochin Shipyard
200 DMA: Rs 1,638.91| LTP: Rs 1,643.2
9/10
Tata Power Company
200 DMA: Rs 385.54| LTP: Rs 386.5
10/10
Bharat Forge
200 DMA: Rs 1,199.37| LTP: Rs 1,199.9