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Business

Positive Breakout: These 6 stocks cross above their 200 DMAs

The Economic Times ·

In the Nifty500 pack, six stocks' closing prices crossed above their 200-day moving averages (DMA) on October 16, 2026, according to StockEdge's technical scan data.

The 200-day moving average (DMA) is used by traders as a key indicator for determining the overall trend of a stock.

As long as a stock's price remains above its 200-day moving average on the daily timeframe, it is generally interpreted as being in an overall uptrend.

Read the full article on The Economic Times ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.

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