Positive Breakout: LIC & 4 other stocks crossed above their 200 DMAs

In the Nifty500 pack, five stocks crossed above their 200 DMA (Daily Moving Averages) on June 20, 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 is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:

Generated by Feedzy