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Sanjay Ahuja

8th Mar · SEBI-Registered Analyst

SIX STOCKS THAT 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 moving average on the daily timeframe, it is generally considered to be in an overall uptrend. Below is a list of 6 stocks that have crossed above their 200 DMA showing a positive breakout:

SIEMENS
- the stock crossed it's 200-DMA price of Rs 3,165.73 and last closed at Rs 3,268.90
ADANIPORTS
- the stock crossed it's 200-DMA price of Rs 1,437.34 and last closed at Rs 1,477.50
CGPOWER
- the stock crossed it's 200-DMA price of Rs 689.15 and last closed at Rs 715.45
ELGIEQUIP
- the stock crossed it's 200-DMA price of Rs 499.38 and last closed at Rs 519.00
PETRONET
- the stock crossed it's 200-DMA price of Rs 287.70 and last closed at Rs 290.40
BHEL
- the stock crossed it's 200-DMA price of Rs 254.81 and last closed at Rs 258.95

#WatchOutFor#TechnicalViews#Miscellaneous#SectorBreakouts#MacroViews
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