NIIT Tech, Trent: 10 stocks that look bullish on moving average indicator

The most widely used, the 200 DMA, is a technical indicator used to analyse and identify long term trends

Moving averages play a prominent role in determining the overall market trend. Stocks trading above averages indicate a bullish view, which further leads to an upside rally that capitalises on volume. In short, stocks trading above moving averages witness a rise in volumes as the price starts to gradually move north.
 

Broadly, three moving averages are considered while looking for short to medium-term trade. This includes 50-day moving average (DMA), 100-DMA, and 200-DMA. Among these, the 200-DMA is most applicable. It identifies the price movement from one year's perspective. Another way of analysing the trend is the position of the