Stocks that are expected to give a 200-DMA price breakout

India Infoline News Service | Mumbai | October 06, 2017 16:21 IST

Long-term moving averages, such as the 200-day moving average, are closely watched areas of support and resistance for stocks. A price move through a major moving average is often used as a sign from technical traders that a trend is reversing.

Significance of 200 days EMA

Long-term moving averages, such as the 200-day exponential moving average (EMA), are closely watched areas of support and resistance for stocks.

A price move through a major moving average is often used as a sign from technical traders that a trend is reversing.
Following is the list of stocks expected to give a 200-day EMA price breakout on weekly charts in the coming week

Stocks Cmp 200-day EMA
Kwality 102.9 103.8
Fortis Healthcare 156.85 157.7
Marksans Pharma 47.9 45.5
Punjab National Bank 137.05 141.2
Jindal Steel & Power 152.75 155.3
J. Kumar Infra 217.2 228.5
Eros Media 228.7 237.5
IDFC Limited 59.7 59.9
KPIT TECH 128 133.5

Following is the list of stocks who have already given a 200day EMA price breakout on weekly charts this week
 

Stocks Cmp 200day EMA
8k Miles Software 509.95 465.5
Canara Bank 315.15 309
Tata Motors 424.85 420.1

 

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