When a stock is trading near its 200-day moving average (200 DMA), it means the stock’s current price is close to its average price over the past 200 trading days. The 200 DMA is a widely used technical indicator that gives traders and investors a sense of the stock’s long-term trend and average price level.
The 200 DMA can indicate the overall market sentiment about a stock. If the stock is above the 200 DMA, it’s often considered to be in an uptrend; if it’s below, it may indicate a downtrend
​Traders may consider investing in stocks consistently above the 200-day moving average, as those maintaining prices higher than this line could present promising investment opportunities.
Stocks in uptrend most likely to cross above SMA-200
Here are the stock names with their current price and 200-day moving average (DMA):
- Reliance Industries – Current Price: ₹1338.65, 200 DMA: ₹1418.73
- TCS – Current Price: ₹3984.20, 200 DMA: ₹4055.02
- Infosys – Current Price: ₹1760.85, 200 DMA: ₹1708.12
- ITC – Current Price: ₹490.30, 200 DMA: ₹466.96
- Hindustan Unilever – Current Price: ₹2537.50, 200 DMA: ₹2620.48
- Life Insurance Corp. (LIC) – Current Price: ₹930.35, 200 DMA: ₹963.84
- Larsen & Toubro – Current Price: ₹3626.35, 200 DMA: ₹3483.37
- Bajaj Finance – Current Price: ₹6923.60, 200 DMA: ₹7053.49
- Axis Bank – Current Price: ₹1169.55, 200 DMA: ₹1150.07
- Maruti Suzuki – Current Price: ₹11110.00, 200 DMA: ₹11942.59
- Kotak Mahindra Bank – Current Price: ₹1744.40, 200 DMA: ₹1789.71
- ONGC – Current Price: ₹271.75, 200 DMA: ₹275.21
- Adani Enterprises – Current Price: ₹2949.50, 200 DMA: ₹3003.22
- UltraTech Cement – Current Price: ₹11145.80, 200 DMA: ₹10660.78
