Positive Breakout: These 9 stocks cross above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
1/10
Upside Ahead?
In the Nifty500 pack, nine stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on April 6, 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:
2/10
City Union Bank
200 DMA: Rs 242.85| LTP: Rs 249.91
3/10
Axis Bank
200 DMA: Rs 1213.29| LTP: Rs 1245.3
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4/10
Torrent Power
200 DMA: Rs 1347.09| LTP: Rs 1379.1
5/10
TVS Motor Company
200 DMA: Rs 3423.16| LTP: Rs 3487.8
6/10
Muthoot Finance
200 DMA: Rs 3240.67| LTP: Rs 3289.8
7/10
Shipping Corporation Of India
200 DMA: Rs 229.3| LTP: Rs 232.76
8/10
Welspun Corp
200 DMA: Rs 850.24| LTP: Rs 862.6
9/10
Jindal Saw
200 DMA: Rs 192.63| LTP: Rs 195.3