Positive Breakout: These 4 stocks cross above their 200 DMAs – Upside Ahead?

In the Nifty500 pack, four stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 28, according to stockedge.com’s technical scan data. The 200-day DMA is used as a key indicator by traders for determining the overall trend in a particular stock. As long as the stock…