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Business

Positive Breakout: These 8 stocks cross above their 200 DMAs

The Economic Times ·

In the Nifty500 pack, eight stocks' closing prices crossed above their 200 DMA (Daily Moving Averages) on August 24, 2026, according to stockedge.com's technical scan data.

Traders use the 200-day daily moving average (DMA) as a key indicator to determine the overall trend in a particular stock.

As long as the stock is priced above the 200-day SMA on the daily timeframe, it is generally considered to be in an overall uptrend.

Take a look:​

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