In the Nifty500 pack, five stocks’ prices crossed above their 200 DMAs (Daily Moving Averages) on April 27, 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 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:
AMFI Reshuffle: Five midcap stocks that may get upgraded to largecap
Nuvama Institutional Equities expects five midcap stocks, including Bosch, Zydus Lifesciences and Lodha Developers, to move into the largecap category in AMFI’s H1 CY27 reclassification.