Positive Breakout: These 9 stocks cross above their 200 DMAs
By Ritesh Presswala, ETMarkets.com |
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Upside Ahead?
In the Nifty500 pack, nine stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on August 12, 2026, according to stockedge.com's technical scan data. Traders use the 200-day daily moving average (DMA) as a key indicator to determine 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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Zee Entertainment Enterprises
200 DMA: Rs 93.38| LTP: Rs 97.52
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Punjab National Bank
200 DMA: Rs 115.37| LTP: Rs 118.98
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Tube Investments of India
200 DMA: Rs 2784.51| LTP: Rs 2839
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Ultratech Cement
200 DMA: Rs 11803.26| LTP: Rs 11891
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Nava
200 DMA: Rs 585.8| LTP: Rs 589.2
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Aavas Financiers
200 DMA: Rs 1412.86| LTP: Rs 1416.2