Positive Breakout: These 8 stocks close cross above their 200 DMAs – Bullish Momentum

In the Nifty500 pack, 12 stocks’ closing prices crossed above their 200 DMAs (Daily Moving Averages) on October 9, according to stockedge.com’s technical scan data. 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. Take a look