Positive Breakout: These 8 stocks close cross above their 200 DMAs – Bullish Momentum – News Air Insight

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A total of 12 NSE-listed stocks with a market capitalisation of over Rs 1,000 crore closed above their 200-day moving average (DMA) on September 23, according to stockedge.com’s technical scan data. Of these, we have highlighted the top 8 that posted gains of more than 2%. The 200-day daily moving average (DMA) is used as a key indicator by traders to determine a particular stock’s overall trend. As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered an overall uptrend. Take a look:



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