Positive Breakout: These 9 stocks close cross above their 200 DMAs – Bullish Momentum – News Air Insight

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In the Nifty200 pack, nine stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on October 6, 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:



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