• Home
  • Business News
  • Positive Breakout: These 7 large caps cross above their 200 DMAs – Upside Ahead?

Positive Breakout: These 7 large caps cross above their 200 DMAs – Upside Ahead?



In the NSE large cap pack, seven stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 16, 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:



Source link

Releated Posts

Commodity Radar: Copper gets a Chinese glow. Is it time to mine profits?

Copper prices climbed after stronger consumer spending in China sparked hopes of a rising in metals demand. However,…

ByAjay jiJun 17, 2025

Stock Market Sectors: Stock market update: Mining stocks down as market falls

NEW DELHI: Mining shares closed lower in the Tuesday’s session. Aro Granite Industries Ltd.(up 3.73%) and Oriental Trimex…

ByAjay jiJun 17, 2025

2,013 Indian wealth creators are worth Rs 100 lakh crore, Ambanis top the list

2,013 Indian wealth creators together hold a staggering Rs 100 trillion (Rs 100 lakh crore) in assets, with…

ByAjay jiJun 17, 2025

Caste census row: Congress rebranding expired products, says Naqvi

New Delhi, June 17 (IANS) Amid sharp criticism by the Congress over the Centre’s recent gazette notification on…

ByAjay jiJun 17, 2025

Leave a Reply

Your email address will not be published. Required fields are marked *

Exit mobile version