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Sanjay Ahuja

7th May · SEBI-Registered Analyst

FOUR STOCKS THAT HAVE SEEN A POSITIVE BREAKOUT AND CROSSED ABOVE THEIR 200 DMA TO KEEP ON YOUR WATCHLIST

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 4 stocks that have recently crossed above their 200-DMA to be kept on your watchlist:

CAMS
- the stock has crossed it's 200-DMA price of Rs 746/- and currently trading at Rs 831/-
GABRIEL
- the stock has crossed it's 200-DMA price of Rs 1058/- and currently trading at Rs 1103/-
MANKIND
- the stock has crossed it's 200-DMA price of Rs 2303/- and currently trading at Rs 2354/-
MAZDOCK
- the stock has crossed it's 200-DMA price of Rs 2617/- and currently trading at Rs 2650/-

#TechnicalViews#WatchOutFor#MacroViews#Miscellaneous#TrendingSectors
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