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5 hours ago
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Jan 20, 2025, 08:10:14 AM IST
In the Nifty200 pack, three stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on January 17, according to stockedge.com's technical scan data.
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What are 200-day DMAs?
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:
ETMarkets.com
200 DMA: Rs 1231.83| LTP: Rs 1276.25
ETMarkets.com
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Max Financial Services
200 DMA: Rs 1085.56| LTP: Rs 1088.3
ETMarkets.com
200 DMA: Rs 4553.62| LTP: Rs 4560.2
ETMarkets.com
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