In the NSE list of stocks with a market cap over Rs 10,000 crore, seven stocks saw their closing prices cross above their 200-day moving averages (DMA) on February 18, according to StockEdge.com’s technical scan data. The 200-day daily moving average (DMA) is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock price is above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
Chasing trends or buying value? The strategy that wins over time
The global stock market landscape has become increasingly complex, shaped by macroeconomic uncertainty, geopolitical risks, and shifting liquidity conditions. Yet, amid this volatility, timeless investing