Positive Breakout: These 8 stocks cross above their 200 DMAs – Upside Ahead?
In the Nifty 500 pack, eight stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on June 27, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock is priced above the…