Positive Breakout: Havells India among 6 stocks that crossed their 200 DMAs

Positive Breakout: Havells India among 6 stocks that crossed their 200 DMAs https://ift.tt/xZYEi57 the Nifty500 pack, six stocks' prices crossed above their 200 DMAs (Daily Moving Averages) on May 3, 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: