Positive Breakout: These 10 stocks close cross above their 200 DMA – Momentum Picks



In the Nifty 500 pack, 10 stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on August 07, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders to determine a particular stock’s overall trend. 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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