Infosys, RIL and 10 other stocks cross 20-day SMA

economictimes.indiatimes.com:

SMA suggests positive investor sentiment and may indicate potential opportunities for upward price movements in the market. Archean Chemical Industries, Cochin Shipyard, Mastek, HEG, Mazagon Dock Shipbuilders, Hindustan Aeronautics, Infosys, Mahindra Logistics, NMDC Steel, Reliance Industries, Jamna Auto Industries and Godrej Consumer Products demonstrated their resilience by crossing their 20 SMA, reflecting their market strength on August 14. Let's explore the performance of these stocks.

(Data Source: StockEdge)1. Archean Chemical Industries Archean Chemical Industries demonstrated its potential by crossing its 20 SMA with a closing price of Rs 539.15.2. Cochin Shipyard Cochin Shipyard showcased bullish momentum by exceeding its 20 SMA with a closing price of Rs 687.9.3. Mastek Mastek, a prominent IT solutions provider, exhibited its potential by crossing its 20 SMA with a closing price of Rs 2135.45.4. HEG HEG demonstrated bullish momentum by surpassing its 20 SMA with a closing price of Rs 1727.55.5. Mazagon Dock Shipbuilders Mazagon Dock Shipbuilders exhibited its potential by crossing its 20 SMA with a closing price of Rs 1863.1.6. Hindustan Aeronautics Hindustan Aeronautics demonstrated bullish momentum by exceeding its 20 SMA with a closing price of Rs 3878.85.7. Infosys Infosys, a global leader in IT services and consulting, showcased its potential by crossing its 20 SMA with a closing price of Rs 1393.55.8. Mahindra Logistics Mahindra Logistics exhibited bullish momentum by surpassing its 20 SMA with a closing price of Rs 379.85.9. NMDC Steel NMDC Steel showcased potential by crossing its 20 SMA with a closing price of Rs 46.8.10. Reliance Industries Reliance Industries, a conglomerate with diverse business