Jan 24, 2025, 08:09:38 AM IST
In the Nifty200 pack, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on January 23, 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:
Agencies
200 DMA: Rs 1239.82| LTP: Rs 1290.7
ETMarkets.com
200 DMA: Rs 11036.35| LTP: Rs 11420.9
ETMarkets.com
200 DMA: Rs 7286.76| LTP: Rs 7535.5
ETMarkets.com
200 DMA: Rs 4561.75| LTP: Rs 4617.6
ETMarkets.com
200 DMA: Rs 25865.36| LTP: Rs 25926.8
ETMarkets.com