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. 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: 200 DMA: Rs 11314.06| LTP: Rs 11606.
6 200 DMA: Rs 1754.58| LTP: Rs 1770 200 DMA: Rs 3229.59| LTP: Rs 3247.
7.
Business
Positive Breakout: These 3 stocks cross above their 200 DMAs

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.