Positive breakout: these 8 stocks exceed their 200 DMA – Upside Ahead?

positive-breakout:-these-8-stocks-exceed-their-200-dma-–-upside-ahead?

update from Vidianews

08 May 2026, 07:30:24 IST

In the Nifty500 pack, 16 stocks closed above their 200-day moving average (DMA) on May 7, 2026, according to technical analysis data from StockEdge. Of these, we’ve highlighted the top eight stocks that saw gains of more than 3%. The 200-day daily moving average (DMA) is used by traders as a key indicator to determine the overall trend of a particular stock. As long as the stock’s price is above the 200-day moving average on the daily time frame, it is generally considered to be in an overall upward trend. Take a look:

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200 DMA: Rs 1048.38| LTP: Rs 1226.85

ETMarkets.com

200 DMA: Rs 488.04 | LTP: Rs 533.4

ETMarkets.com

200 DMA: Rs 177.39| LTP: Rs 183.73

ETMarkets.com

200 DMA: Rs 36976.58| LTP: Rs 37,895

ETMarkets.com

200 DMA: Rs 1829.17| LTP: Rs 1870.6

ETMarkets.com

200 DMA: Rs 1453.86| LTP: Rs 1466.9

ETMarkets.com

200 DMA: Rs 1191.65| LTP: Rs 1,197.4

ETMarkets.com

200 DMA: Rs 363.62 | LTP: Rs 364.45

ETMarkets.com

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