Positive Breakout: These 10 stocks close cross above their 200 DMAs
In the Nifty500 pack, 10 stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on September 17, according to stockedge.com's technical scan data. The 200-day daily moving average (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: Bullish Momentum
In the Nifty500 pack, 10 stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on September 17, according to stockedge.com's technical scan data. The 200-day daily moving average (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: Bullish Momentum
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