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In the Nifty500 pack, nine stocks' close prices crossed above their 200 DMA (Daily Moving Averages) on July 21, according to stockedge.com's technical scan data. 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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Air India 171's crash report offered no closure - just more speculation and one haunting, unexplained detail.
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It comes as two major US share indexes - S&P 500 and Nasdaq Composite - closed at new record highs on Monday.
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