Bullish Signals

In the Nifty50 pack, the closing prices of three stocks crossed above their 200 DMA (Daily Moving Average) on January 31, according to StockEdge.com’s technical scan data. The 200-day DMA is a key indicator used by traders to determine the overall trend of a stock. As long as the stock remains above the 200-day SMA on the daily timeframe, it is generally considered to be in an uptrend. Take a look: