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Sanjay Ahuja

3rd Aug · SEBI-Registered Analyst

FIVE STOCKS THAT CROSSED ABOVE THEIR 200-DMA AND SHOWING POSITIVE BREAKOUT

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. Below are 5 stocks that recently crossed above their 200 DMA:

OIL
- 200DMA Rs 449, currently trading at Rs 451
BALKRISIND
- 200DMA Rs 2282, currently trading at Rs 2501
MRPL
- 200DMA Rs 165, currently trading at Rs 173
SBIN
- 200DMA Rs 1022, currently trading at Rs 1047
UNOMINDA
- 200DMA Rs 1171, currently trading at Rs 1208

#StockInNews#WatchOutFor#Miscellaneous#TrendingSectors#FundamentalViews
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