When stocks surpass their 200-day moving averages, it often signals a potent bullish momentum shift and improved long-term market sentiment. This technical breakthrough can indicate sustained upward trends, particularly significant in the current market landscape where investors seek reliable growth indicators amid broader economic uncertainties.
Following is a list of stocks breaking above their 200 DMA:1. Intellect Design Arena
Intellect Design Arena, established in 2011 in Chennai, specialises in financial technology solutions for banking, insurance, and financial services. Serving over 240 clients in 40+ countries, its innovative products include transaction and contextual banking software.
Intellect Design Arena’s current market price (CMP) stands at ₹1,014.75. The stock is trading above its 200-day moving average of ₹949.05, indicating a positive trend.
Solar Industries
Founded in 1995 and headquartered in Nagpur, Solar Industries leads in manufacturing industrial explosives and detonators for sectors like mining, defence, and infrastructure. With a global footprint, it exports products to numerous international markets.
Solar Industrie’s current market price (CMP) is ₹10,159.4. The stock is trading above its 200-day moving average of ₹10,083, indicating a positive trend.
Anand Rathi Wealth
Mumbai-based Anand Rathi Wealth, founded in 1994, offers tailored wealth management services to high-net-worth individuals. Its portfolio includes mutual funds, insurance, and investment advisory, emphasising personalised financial solutions.
Anand Rathi Wealth’s current market price (CMP) is ₹3,988.30. The stock is trading above its 200-day moving average of ₹3,929.83, indicating a positive trend.
Content retrieved from: https://tradebrains.in/5-stocks-that-might-show-bullish-momentum-next-week-after-they-break-200-dma/.
