Positive Breakout: These 8 stocks close above their 200 DMA
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On November 12, eight Nifty500 stocks that gained over 3% closed above their respective 200-day moving averages (DMA), according to StockEdge’s technical scan data. The 200-day moving average is a widely tracked technical indicator used to assess a stock’s long-term trend. When a stock’s price moves above this average, it is generally considered a bullish signal, suggesting a potential improvement in its underlying price momentum. 200 DMA Rs 171.21 | LTP Rs 175.90 200 DMA Rs 35.02 | LTP Rs 35.74 200 DMA Rs 1,068.29 | LTP Rs 1,084.10 200 DMA Rs 921.93 | LTP Rs 931.35 200 DMA Rs 5,940.24 | LTP Rs 5,995 200 DMA Rs 592.77 | LTP Rs 597.80 200 DMA Rs 452.64 | LTP Rs 455.35 200 DMA Rs 1,000.96 | LTP Rs 1,003.80
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