Positive Breakout: Vedanta among 4 stocks that rose above their 200 DMAs

May 25, 2023

In the Nifty500 pack, four stocks’ prices crossed above their 200 DMAs (Daily Moving Averages) on May 24, 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 an overall uptrend. Take a look:

More To Explore

Global brokerage firms see 14-38% upside in HDFC Bank post Q3 results

Leading brokerages have expressed optimism about HDFC Bank, issuing a mix of positive ratings and price targets that reflect its strong growth potential for the

January 24, 2025

Bank of Japan hikes policy rates by 25 basis points to highest in 17 years

The Bank of Japan raised its interest rates to 0.5%, the highest level since the 2008 financial crisis, demonstrating confidence in stable inflation around the

January 24, 2025

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003