On June 13, according to stockedge.com's technical scan data, the closing prices of three stocks in the Nifty200 pack surpassed their 200-day Daily Moving Averages (DMA). The 200-day DMA is a significant indicator used by traders to assess the overall trend of a stock.
If a stock's price remains above the 200-day SMA on the daily timeframe, it's typically interpreted as indicative of an uptrend.
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