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.
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Jul 11, 2011, 05.44 PM | 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.

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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.

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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

Company Last Price Above 200-DMA
NTPC 189 187
M&M 728 714
ITC 203 177
HDFC 712 681
HUL 332 296
Bajaj Auto 1451 1414
Bharti Airtel 390 350
TCS 1157 1111
Larsen 1833 1783
Hero Honda 1891 1752
HDFC Bank 2526 2286

 

 

 

 

 

 

 

 

 

Company Last Price Below 200-DMA
SBI 2436 2,734
BHEL 1970 2,182
Reliance Infra 581 754
Maruti Suzuki 1161 1,313
Reliance 852 990
Infosys 2926 3,055
Tata Motors 1052 1,171
DLF 229 270
Jindal Steel 636 672
ICICI Bank 1054 1,085
Hindalco 181 210
Tata Steel 588 617
Wipro 418 445
Reliance Comm 98 123
Jaiprakash Asso 78 98
ONGC 282 301
Sterlite Ind 163 171
Tata Power 1295 1,298
Cipla 329 330

 

 

 

 

 

 

 

 

 

 

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Check out: 11 stocks that are trading over 200 DMA

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