The 200-day moving average (200 DMA) is a widely used technical indicator in financial markets. It is calculated by taking the average closing prices of a security over the past 200 days, which helps smooth out daily price fluctuations and provides a clearer picture of the overall trend.
One of the primary reasons the 200-day moving average is popular is its ability to act as a support or resistance level. When a stock’s price is above the 200 DMA, it is often considered to be in a bullish phase, as the long-term trend is upward.
The stocks to watch out are listed below
Apollo Hospitals Ltd
CMP- 7,030.70
200 day Moving Average – 6,643.98
Apollo Hospitals Ltd is a leading healthcare provider in India, with a network of over 70 hospitals across the country. The company specializes in services such as cardiology, oncology, and orthopedics and is a pioneer in telemedicine and digital health. Apollo is committed to providing world-class healthcare and enhancing accessibility to quality medical care globally.
The company, with a market capitalization of Rs. 1,01,941 crores, has delivered an overall return of 21.27 percent in the year.
HCL Technologies Ltd
CMP- 1,995.10
200 day Moving Average – 1,658.68
HCL Technologies Ltd is a global IT services company based in Noida, India, offering services like software development, cybersecurity, and digital transformation. It serves industries such as banking, healthcare, and manufacturing, and is known for innovation in next-generation technologies like AI, cloud computing, and automation. The company operates in over 40 countries worldwide.
The company, with a market capitalization of Rs. 5,25,121 crores, has delivered an overall return of 34.09 percent in the year.
Trent Ltd
CMP- 6,584.10
200 day Moving Average – 6,033.71
Trent Limited, part of the Tata Group, is a leading Indian retailer known for brands like Westside and Starbucks India. Founded in 1998, it offers a wide range of apparel, lifestyle products, and home goods. The company has successfully expanded into e-commerce, providing an omnichannel shopping experience. With a strong supply chain and a focus on quality and innovation, Trent continues to be a major player in India’s retail industry.l
The company, with a market capitalization of Rs. 2,35,277 crores, has delivered an overall return of 107.90 percent in the year.
Eicher Motors Ltd
CMP- 5,055.50
200 day Moving Average – 4,744.97
Eicher Motors is an Indian automotive company known for manufacturing commercial vehicles and motorcycles. It is the parent company of Royal Enfield, a leading global motorcycle brand. Eicher’s operations span across vehicle production, engineering, and services. The company is committed to innovation, sustainability, and delivering high-quality products to its customers.
The company, with a market capitalization of Rs. 1,40,968 crores, has delivered an overall return of 31.68 percent in the year.
Dr. Reddy’s Laboratories Ltd
CMP- 1,354.45
200 day Moving Average – 1,283.46
Dr. Reddy’s Laboratories Ltd is a global pharmaceutical company based in Hyderabad, India, specializing in generic medicines, active pharmaceutical ingredients (APIs), and over-the-counter products. The company is committed to providing affordable, high-quality healthcare and has a strong presence in global markets, driving innovation through its extensive research and development efforts.
The company, with a market capitalization of Rs. 1,14,449 crores, has delivered an overall return of 17 percent in the year.
Written by Sridhar J
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