Jun 03, 2025, 07:51:28 AM IST
In the Nifty200 pack, four stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on June 2, 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:
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2/5
Prestige Estates Projects
200 DMA: Rs 1525.5| LTP: Rs 1539.6
ETMarkets.com
3/5
Adani Energy Solutions
200 DMA: Rs 870.12| LTP: Rs 874.85
ETMarkets.com
4/5
Indian Oil Corporation
200 DMA: Rs 143.04| LTP: Rs 143.38
ETMarkets.com
200 DMA: Rs 555| LTP: Rs 555.55
ETMarkets.com
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