Positive Breakout: These 5 stocks close cross above their 200 DMAs

Oct 25, 2024, 08:09:51 AM IST

In the Nifty200 pack, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on October 24, according to stockedge.com's technical scan data. The 200-day 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:​

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200 DMA: Rs 660.66| LTP: Rs 729.45

ETMarkets.com

200 DMA: Rs 1419.04| LTP: Rs 1429.65

ETMarkets.com

200 DMA: Rs 920.71| LTP: Rs 924.3

ETMarkets.com

200 DMA: Rs 1492.21| LTP: Rs 1492.3

ETMarkets.com

200 DMA: Rs 534.95| LTP: Rs 535

ETMarkets.com