Positive Breakout: These 8 stocks close cross above their 200 DMA

Eight stocks from the Nifty200 pack closed above their 200-day Daily Moving Averages (DMA) on August 4, as per StockEdge.com’s technical scan data. The 200-DMA is a key trend indicator used by traders to assess the broader direction of a stock. When a stock’s price moves above this level on a daily chart, it is generally considered to have entered an overall uptrend. Take a look: Momentum Shift