Eight Nifty200 stocks show positive breakout trends

On March 21, eight stocks in the Nifty200 group closed above their 200-day moving averages (DMA). This indicates a positive trend according to analysis from stockedge.com. The 200 DMA is an important measure for traders. Stocks that price above their 200 DMA are typically viewed as being in an uptrend. Here are the details of the eight stocks: - One stock had a 200 DMA of Rs 1246.28 and closed at Rs 1293.1. - Another had a 200 DMA of Rs 250.06 and an ending price of Rs 257.49. - A third stock's 200 DMA was Rs 306.05, with a closing price of Rs 312.8. - One stock had a 200 DMA of Rs 540.51 and closed at Rs 547.95. - Another stock had a 200 DMA of Rs 289.05, ending at Rs 291.35. - A sixth stock's 200 DMA was Rs 122.17, and it closed at Rs 122.52. - One stock had a 200 DMA of Rs 1758.84, with a closing price of Rs 1761.05. - Finally, a stock had a 200 DMA of Rs 1522.3 and closed at Rs 1523.85. These movements suggest a growing confidence among investors in these companies.