Positive Breakout: These 5 stocks close cross above their 200 DMA

Ritesh Presswala, ETMarkets.com

Jul 2, 2024

Upside Ahead?

In the Nifty200 pack, five stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on July 1, 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 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:

Image Source: ETMarkets.com

APL Apollo Tubes

200 DMA: Rs 1571.89 | LTP: Rs 1614

Image Source: ETMarkets.com

L&T Technology Services

200 DMA: Rs 4948.07 | LTP: Rs 5041.55

Image Source: ETMarkets.com

Bajaj Finance

200 DMA: Rs 7163.07 | LTP: Rs 7276.75

Image Source: ETMarkets.com

AU Small Finance Bank

200 DMA: Rs 672.45 | LTP: Rs 673.85

Image Source: ETMarkets.com

Ipca Laboratories

​200 DMA: Rs 1133.44 | LTP: Rs 1135.25​

Image Source: ETMarkets.com

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