In the Nifty 500 pack, 21 stocks closed above their 200-day moving average (DMA) on July 15. From these, we have highlighted 10 stocks that recorded gains of more than 2% during the session, according to a technical scan by StockEdge.com. 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:
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting