Top 10 Stocks that are in UPTREND on 200 days Moving Average

Top 10 Stocks that are in UPTREND on 200 days Moving Average-minTop 10 Stocks that are in UPTREND on 200 days Moving Average


Investors and Traders of stocks would love technical analysis. There are several ways of doing technical analysis of a stock. One of the ways is to check the Simple Moving Average of a particular stock. We can apply several other filters to check if such stocks would continue to be uptrend in future. Which are the top 10 stocks that are in UPTREND on 200 days moving average? Which are the best stocks that are in UPTREND in all moving average segments?

 

Also Read: Best Midcap Stocks to invest now which posted good Financial Results

What is Simple moving average?


A simple moving average (SMA) is an arithmetic moving average calculated by adding the closing price of the Stock for a number of time periods and then dividing this total by the number of time periods. E.g. Infosys is trading the stock price as follows

5 days back – 1022

4 days back – 1020

3 days back – 1027

2 days back – 1040

Last trading price – 1028

Simple moving average is (1022+1020+1027+1040+1028)/5 days = Rs 1,027. Means 5 days moving average is Rs 1,027.

In technical analysis, one of the good parameter is simple moving average upward trend. If any of the stock is currently trading at a stock price which is higher of simple moving averages of 30 days, 50 days, 150 days and 200 days, it can be considered that stock is in upward trend irrespective of the fundamentals or financials.

How we picked up these Top 10 Stocks that are in UPTREND on 200 days Moving Average


We picked-up stocks that are moving in upward trend in current market price compared to moving average of 30 days, 50 days, 150 days and 200 days moving average.

We also filtered stocks that gave consistent returns in all these simple moving averages. E.g. if stock gave positive returns in 30 days moving average, however negative returns in 50 days moving average, we eliminated such stock. This indicates that if you would have invested in such stocks for short term from 30 days to 200 days, you still are a winner.

Stocks that gave highest returns in 200 days moving average are given preference. While one can look at highest returns in last 30 days too, but 30 days to 200 days good performance is best indicator to choose a stock with such parameters

Top 10 Stocks that are in UPTREND on 200 days Moving Average


Top #1 – Shreyans Industries Limited – CMP Rs 138


Shreyans is one of the leading industrial groups of North India promoted by the well known OSWAL family of Ludhiana. Shreyans is a multi unit group with interests in Paper and Textiles. Shreyans Group has over 1300 employees.

  • This stock is trading at 30 days moving average of Rs 129 Vs Current market price of Rs 138 indicating that it moved 7% up.
  • This stock is trading at 50 days moving average of Rs 123 Vs Current market price of Rs 138 indicating that it moved 12% up.
  • This stock is trading at 150 days moving average of Rs 97 Vs Current market price of Rs 138 indicating that it moved 42% up.
  • This stock is trading at 200 days moving average of Rs 87 Vs Current market price of Rs 138 indicating that it moved 58% up.

Means, it is in upward trend compared to all moving averages in the last 6.5 months.

Top#2 – West Coast Paper Mills – CMP Rs 181


West Coast Paper Mills Limited is one of the oldest and the largest producers of paper for printing, writing, and packaging in India. Established in 1955, the Mill is located at Dandeli in Uttara Kannada district in Karnataka. The global quality paper produced by the Company serves the needs of innumerable industries in printing, writing, publishing, stationary, notebooks and packaging sectors in India, in the process contributing to the development of the nation.

  • This stock is trading at 30 days moving average of Rs 173 Vs Current market price of Rs 181 indicating that it moved 5% up.
  • This stock is trading at 50 days moving average of Rs 160 Vs Current market price of Rs 181 indicating that it moved 13% up.
  • This stock is trading at 150 days moving average of Rs 135 Vs Current market price of Rs 181 indicating that it moved 34% up.
  • This stock is trading at 200 days moving average of Rs 122 Vs Current market price of Rs 181 indicating that it moved 48% up.

Also Read: Top 15 Best Performing Mutual Funds to invest

Top#3 – Future Ent DVR – CMP Rs 27


Future Enterprises Limited, formerly Future Retail Limited, is engaged in the business of multi brand retail trading.

  • This stock is trading at 30 days moving average of Rs 26 Vs Current market price of Rs 27 indicating that it moved 2% up.
  • This stock is trading at 50 days moving average of Rs 24 Vs Current market price of Rs 27 indicating that it moved 14% up.
  • This stock is trading at 150 days moving average of Rs 19 Vs Current market price of Rs 27 indicating that it moved 44% up.
  • This stock is trading at 200 days moving average of Rs 19 Vs Current market price of Rs 27 indicating that it moved 45% up.

Top#4 – Vardhman Special Steels – CMP Rs 120


Placed among the leading producers of Special and Alloy Steels, Vardhman Special Steels Limited caters to diverse requirements of hot rolled bars for Engineering, Automotive, Tractor, Bearing and Allied Industries.

  • This stock is trading at 30 days moving average of Rs 118 Vs Current market price of Rs 120 indicating that it moved 2% up.
  • This stock is trading at 50 days moving average of Rs 114 Vs Current market price of Rs 120 indicating that it moved 5% up.
  • This stock is trading at 150 days moving average of Rs 98 Vs Current market price of Rs 120 indicating that it moved 23% up.
  • This stock is trading at 200 days moving average of Rs 91 Vs Current market price of Rs 120 indicating that it moved 31% up.

Top#5 – GOCL Corporation – CMP Rs 352


GOCL Corporation Limited, formerly Gulf Oil Corporation Limited, is engaged in the provision of explosive accessories (detonators) (for mining and industrial use); mining and infrastructure, and realty. The Company's segments include Energetics, Mining and Infrastructure Contracts, Realty, Lubricating Oils and Others.

  • This stock is trading at 30 days moving average of Rs 342 Vs Current market price of Rs 352 indicating that it moved 3% up.
  • This stock is trading at 50 days moving average of Rs 325 Vs Current market price of Rs 352 indicating that it moved 8% up.
  • This stock is trading at 150 days moving average of Rs 298 Vs Current market price of Rs 352 indicating that it moved 18% up.
  • This stock is trading at 200 days moving average of Rs 269 Vs Current market price of Rs 352 indicating that it moved 31% up.

Also Read: Which are the Best NIFTY 50 Stocks to invest now in India?

Top#6 – Sterlite Techno – CMP Rs 128


Sterlite Technologies Ltd is a global technology leader in smarter digital infrastructure. Sterlite Tech designs, builds and manages smarter networks.

  • This stock is trading at 30 days moving average of Rs 127 Vs Current market price of Rs 128 indicating that it moved 1% up.
  • This stock is trading at 50 days moving average of Rs 123 Vs Current market price of Rs 128 indicating that it moved 4% up.
  • This stock is trading at 150 days moving average of Rs 103 Vs Current market price of Rs 128 indicating that it moved 24% up.
  • This stock is trading at 200 days moving average of Rs 100 Vs Current market price of Rs 128 indicating that it moved 29% up.

Top#7 – GTN Textiles – CMP Rs 17


GTN Textiles makes fine and superfine count yarns.

  • This stock is trading at 30 days moving average of Rs 15 Vs Current market price of Rs 17 indicating that it moved 17% up.     
  • This stock is trading at 50 days moving average of Rs 15 Vs Current market price of Rs 17 indicating that it moved 18% up.     
  • This stock is trading at 150 days moving average of Rs 14 Vs Current market price of Rs 17 indicating that it moved 24% up.
  • This stock is trading at 200 days moving average of Rs 14 Vs Current market price of Rs 17 indicating that it moved 28% up.

Top#8 – DCM Shriram – CMP Rs 299


DCM Shriram Limited is engaged in the business of fertilizer, sugar and caustic soda. The Company's segments include Fertilisers, which manufactures urea; Chloro-Vinyl, which manufactures poly-vinyl chloride, carbide and chlor alkali products;

  • This stock is trading at 30 days moving average of Rs 279 Vs Current market price of Rs 299 indicating that it moved 7% up.
  • This stock is trading at 50 days moving average of Rs 276 Vs Current market price of Rs 299 indicating that it moved 8% up.
  • This stock is trading at 150 days moving average of Rs 241 Vs Current market price of Rs 299 indicating that it moved 24% up.
  • This stock is trading at 200 days moving average of Rs 234 Vs Current market price of Rs 299 indicating that it moved 28% up.

Top#9 – Pressman Advt – CMP – Rs 62


Pressman Advertising Limited is a service advertising agency. The Company is engaged in advertising, public relations (PR) and allied services. It provides advertising, media planning and buying, market research, design and digital services to clients.

  • This stock is trading at 30 days moving average of Rs 61 Vs Current market price of Rs 62 indicating that it moved 1% up.
  • This stock is trading at 50 days moving average of Rs 58 Vs Current market price of Rs 62 indicating that it moved 7% up.
  • This stock is trading at 150 days moving average of Rs 49 Vs Current market price of Rs 62 indicating that it moved 26% up.
  • This stock is trading at 200 days moving average of Rs 48 Vs Current market price of Rs 62 indicating that it moved 27% up.

Also Read: Best Agressive Mutual Funds to invest in 2017

Top#10 – Nirvikara Paper – CMR Rs 84


Formerly known as Balkrishna Paper Mills, Nirvikara paper Mills Ltd has been manufacturing wide variety of coated Duplex Boards. The manufacturing process is eco friendly manner. Main Raw material is recycled waste paper. Raw materials are imported and from indigenous sources.

  • This stock is trading at 30 days moving average of Rs 71 Vs Current market price of Rs 84 indicating that it moved 18% up.
  • This stock is trading at 50 days moving average of Rs 75 Vs Current market price of Rs 84 indicating that it moved 12% up.
  • This stock is trading at 150 days moving average of Rs 77 Vs Current market price of Rs 84 indicating that it moved 9% up.
  • This stock is trading at 200 days moving average of Rs 67 Vs Current market price of Rs 84 indicating that it moved 26% up.

Should you invest in such Stocks trading higher compared to Moving Averages?


These stocks can be considered as starting point to invest in such stocks. You can further drill down to fundamentals, latest financial results and start investing in such stocks. Basically this would give idea that such stocks are uptrend and break-up happened compared to its previous stock prices and one can invest in such stocks after few more checks.

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Suresh

Top 10 Stocks that are in UPTREND on 200 days Moving Average

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