Jul 1, 2024
In the Nifty500 pack, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 28, 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:
Image Source: ETMarkets.com
200 DMA: Rs 680.33| LTP: Rs 710.5
Image Source: ETMarkets.com
200 DMA: Rs 125733.84| LTP: Rs 129459.15
Image Source: ETMarkets.com
200 DMA: Rs 1498.86| LTP: Rs 1513.75
Image Source: ETMarkets.com
200 DMA: Rs 918.95| LTP: Rs 927
Image Source: ETMarkets.com
200 DMA: Rs 6430.33| LTP: Rs 6479.5
Image Source: ETMarkets.com
Thanks For Reading!
Read Next