200-DMA Support: These 5 Stocks Bounced from Their 200-DMA; Keep Them on Your Watchlist
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As the market rebounded from lower levels, these 5 stocks managed to bounce from their 200-DMA support. Their recovery from a key long-term moving average makes them important stocks to keep on the watchlist.
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The Nifty 50 index witnessed one of its sharpest single-week falls, slipping by over 5 per cent. On Monday, although the index slipped below the important psychological mark of 23,000, it rebounded sharply from lower levels and closed above 23,400 as volatility cooled off and Banking and auto stocks rallied.
The India VIX slipped over 4.5 per cent to below the 22 level. Six out of the 11 key sectors ended in the green, led by Nifty Auto and Nifty Financial Services.
With the Indian markets rebounding from lower levels, here is a list of stocks that have managed to bounce back from their crucial long-term moving average, that is, the 200-DMA.
The 200-DMA is a widely tracked moving average among market participants.
So, let us look at the stocks that have managed to bounce from their 200-DMA:
- Aditya Birla Capital (AB Capital): Aditya Birla Capital share price ended 1.24 per cent higher at Rs 314.60 per share on the NSE. The stock touched an Intraday low of Rs 307.50, while its 200-DMA was placed at Rs 307.82. As a result, the stock witnessed a bounce back from its crucial long-term moving average. The stock delivered multibagger returns in 2025 and is down 12% so far in 2026. However, this bounce from the 200-DMA makes it a stock to watch.
- Eicher Motors: The Nifty Auto index was among the Top Gainers among the sectoral indices, and Eicher Motors, a constituent of the Nifty Auto index, ended Monday with gains of over 1 per cent. The stock rebounded from its 200-DMA after touching an intraday low of Rs 6,643.50. Eicher Motors has been on a winning streak, delivering positive returns every year from 2020 to 2025. In CY2025, the stock gained over 50 per cent. However, amid the recent market correction triggered by the Middle East crisis, the stock is down 6.6 per cent so far in CY2026 and has now bounced from its 200-DMA support.
- JSW Steel: JSW Steel share price witnessed a correction of 13 per cent from its 52-week high, which was recorded in the latter part of February. Following this correction, the stock tested its 200-DMA and also filled the upside opening gap seen in December 2025. Interestingly, on Monday, the stock bounced from its rising 200-DMA on higher-than-average volumes.
- KEI Industries: KEI Industries share price witnessed a correction of over 20 per cent from its recent highs, and with this decline, the stock tested its important long-term moving average of 200-DMA. The stock bounced from its 200-DMA and ended Monday’s session on a flat note.
- L&T Finance (LTF): L&T Finance share price delivered multibagger returns in 2025, rising about 133 per cent. The stock made a fresh high in early 2026, but later witnessed a correction. On Monday, its share price rebounded from the 200-DMA.
Disclaimer: The article is for informational purposes only and not investment advice.