Positive Breakout: These 4 stocks cross above their 200 DMAs

Ritesh Presswala, ETMarkets.com

Jul 8, 2024

Trend Tracker

​In the NSE list of stocks with a market cap of over Rs 10,000 crore, the closing prices of four stocks crossed above their 200-day DMA (Daily Moving Averages) on July 5, according to stockedge.com's technical scan data. The 200-day DMA is a key indicator traders use to determine the overall trend in a particular stock. As long as the stock price remains above the 200-day SMA on the daily timeframe, it is generally considered an uptrend.

Image Source: ETMarkets.com

Valor Estate

​200 DMA: Rs 208.86 | LTP: Rs 219.19​

Image Source: ETMarkets.com

Westlife Foodworld

​200 DMA: Rs 839.88 | LTP: Rs 853.6

Image Source: ETMarkets.com

Hatsun Agro Product

200 DMA: Rs 1094.13 | LTP: Rs 1103.55

Image Source: ETMarkets.com

IIFL Finance

​200 DMA: Rs 521.36 | LTP: Rs 523.1

Image Source: ETMarkets.com

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