Moneycontrol
Jul 11, 2011 05:44 PM IST | Source: Moneycontrol.com

Check out: 11 stocks that are trading over 200 DMA

There are different ways to analyse the inherent technical strength of a stock. One of the simplest way to choose quality stocks that one can bet on is by comparing the stock's 200 day simple moving average with its current price.

Check out: 11 stocks that are trading over 200 DMA

There are different ways to analyse the inherent technical strength of a stock. One of the simplest way to choose quality stocks to bet on is by comparing their 200 day daily moving average (DMA) or simple moving average (SMA) with the current price.


According to technical analysts, stocks that trade above their 200 day DMA, simple moving average, are technically stronger than the others that are trading below.


There are as many as 11 stocks on the NSE universe that have broken their respective 200 DMA in today's trade. These are Esab India, India Glycols, JSL Stainless, Zenith Infotech, Phoenix Mills, Tanfac Industries, Essar Oil, Arrow Textiles, Ador Welding, Jay Bharat Maruti and Lumax Industries. (For further technical details click here)


If we narrow down the list of companies and just concentrate on the BSE Sensex index, we find majority of the stocks are trading below the 200 day SMA. Out of the 30 BSE stocks, 11 were trading above while 19 were below their respective 200 day moving average.


List of the Sensex stocks trading above/below their 200-DMA



CompanyLast PriceAbove 200-DMA
NTPC189187
M&M728714
ITC203177
HDFC712681
HUL332296
Bajaj Auto14511414
Bharti Airtel390350
TCS11571111
Larsen18331783
Hero Honda18911752
HDFC Bank25262286


 


 


 


 


 


 


 


 


 

























































































CompanyLast PriceBelow 200-DMA
SBI24362,734
BHEL19702,182
Reliance Infra581754
Maruti Suzuki11611,313
Reliance852990
Infosys29263,055
Tata Motors10521,171
DLF229270
Jindal Steel636672
ICICI Bank10541,085
Hindalco181210
Tata Steel588617
Wipro418445
Reliance Comm98123
Jaiprakash Asso7898
ONGC282301
Sterlite Ind163171
Tata Power12951,298
Cipla329330


 


 


 


 


 


 


 


 


 

 

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