On March 5, 2026, thirteen stocks in the Nifty500 index closed above their 200-day daily moving averages, signaling potential uptrends according to technical analysis. This development, identified by stockedge.com's scan, highlights positive momentum in the Indian equity market. Traders view prices above the 200 DMA as an indicator of overall bullish trends.
The 200-day daily moving average (DMA) serves as a key technical indicator for assessing a stock's long-term trend. When a stock's closing price surpasses this level on a daily timeframe, it is generally interpreted as entering an uptrend, suggesting sustained buying interest.
According to data from stockedge.com, the following thirteen stocks in the Nifty500 pack achieved this positive breakout on March 5, 2026:
- Adani Ports and Special Economic Zone: 200 DMA at Rs 1437.34, last traded price (LTP) at Rs 1499.3
- Elgi Equipments: 200 DMA at Rs 499.38, LTP at Rs 518.4
- Honasa Consumer: 200 DMA at Rs 289.19, LTP at Rs 298.8
- Petronet LNG: 200 DMA at Rs 287.7, LTP at Rs 293.05
- CG Power and Industrial Solutions: 200 DMA at Rs 689.15, LTP at Rs 701.1
- Siemens: 200 DMA at Rs 3165.73, LTP at Rs 3215.7
- Sammaan Capital: 200 DMA at Rs 143.17, LTP at Rs 145.21
- Ultratech Cement: 200 DMA at Rs 12134.68, LTP at Rs 12288
- LT Foods: 200 DMA at Rs 425.47, LTP at Rs 430.15
- Bharat Heavy Electricals: 200 DMA at Rs 254.81, LTP at Rs 257.25
- Delhivery: 200 DMA at Rs 425.19, LTP at Rs 428.1
- The India Cements: 200 DMA at Rs 391.87, LTP at Rs 393.5
- Central Bank Of India: 200 DMA at Rs 37.66, LTP at Rs 37.73
These crossings reflect closing prices exceeding their respective 200 DMAs, potentially indicating upside ahead for these equities. The scan covers the Nifty500, a broad index representing diverse sectors in the Indian market. Such technical signals are used by traders to gauge market direction without relying on fundamental data.
