Positive Breakout: Dabur India & 7 other stocks crossed above their 200 DMAs

June 13, 2023

In the Nifty500 pack, eight stocks’ prices crossed above their 200 DMA (Daily Moving Averages) on June 12, 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 in an overall uptrend. Take a look:

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