In the Nifty 500 pack, 21 stocks closed above their 200-day moving average (DMA) on July 15. From these, we have highlighted 10 stocks that recorded gains of more than 2% during the session, according to a technical scan by StockEdge.com. 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 is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend. Take a look:
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