Positive Breakout: Cipla and 3 other stocks cross above their 200 DMAs

Bullish Trend In the Nifty200 pack, four stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on November 29, according to StockEdge.com's technical scan data. The 200-day DMA is used as a key indicator by traders to determine the overall trend of 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 in an overall uptrend. Take a look: Cipla 200 DMA: Rs 1,512.44 | LTP: Rs 1,533.



90 Shree Cement 200 DMA: Rs 25,762.08 | LTP: Rs 26,076.45 Sona BLW Precision Forgings 200 DMA: Rs 669.

86 | LTP: Rs 671.60 Kotak Mahindra Bank 200 DMA: Rs 1,765.13 | LTP: Rs 1,765.

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