Apr 04, 2025, 08:04:35 AM IST
In the NSE large cap pack, three stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on April 3, according to stockedge.com's technical scan data.
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What are 200-day DMAs?
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:
ETMarkets.com
200 DMA: Rs 11314.06| LTP: Rs 11606.6
ETMarkets.com
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Sun Pharmaceutical Industries
200 DMA: Rs 1754.58| LTP: Rs 1770
ETMarkets.com
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Torrent Pharmaceuticals
200 DMA: Rs 3229.59| LTP: Rs 3247.7
ETMarkets.com
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