When stocks surpass their 200-day moving averages, it often signals a potent bullish momentum shift and improved long-term market sentiment. This technical breakthrough can indicate sustained upward trends, particularly significant in the current market landscape where investors seek reliable growth indicators amid broader economic uncertainties.
Following is a list of stocks breaking above their 200 DMA:
1. Intellect Design Arena
Intellect Design Arena, established in 2011 in Chennai, specialises in financial technology solutions for banking, insurance, and financial services. Serving over 240 clients in 40+ countries, its innovative products include transaction and contextual banking software.
Intellect Design Arena’s current market price (CMP) stands at ₹1,014.75. The stock is trading above its 200-day moving average of ₹949.05, indicating a positive trend.
2. Solar Industries
Founded in 1995 and headquartered in Nagpur, Solar Industries leads in manufacturing industrial explosives and detonators for sectors like mining, defence, and infrastructure. With a global footprint, it exports products to numerous international markets.
Solar Industrie’s current market price (CMP) is ₹10,159.4. The stock is trading above its 200-day moving average of ₹10,083, indicating a positive trend.
3. Anand Rathi Wealth
Mumbai-based Anand Rathi Wealth, founded in 1994, offers tailored wealth management services to high-net-worth individuals. Its portfolio includes mutual funds, insurance, and investment advisory, emphasising personalised financial solutions.
Anand Rathi Wealth’s current market price (CMP) is ₹3,988.30. The stock is trading above its 200-day moving average of ₹3,929.83, indicating a positive trend.
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4. Tata Investment Corporation
Tata Investment Corporation, established in 1937, is a Mumbai-based NBFC focused on equity, debt, and related securities investments. It generates income from dividends, interest, and sales profits across various industries.
Tata Investment Corporation’s current market price (CMP) is ₹6,823.95. The stock is trading above its 200-day moving average of ₹6,717.75, indicating a positive trend.
5. BioCon
BioCon, a Bangalore-based biopharmaceutical leader since 1978, develops therapies for diabetes, cancer, and autoimmune diseases. Renowned for innovation, it has a strong presence in domestic and global markets.
BioCon’s current market price (CMP) is ₹352.95. The stock is trading above its 200-day moving average of ₹330.77, indicating a positive trend.
Written By Fazal Ul Vahab C H
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