stock market marked an important day on October 5 as several midcap stocks exhibited their strength by crossing their 50-Day Simple Moving Averages (SMA). These technical achievements often signal potential opportunities for investors seeking growth and stability in well-established companies.
Let's explore the performance of these stocks.
(Data Source: StockEdge)
1. Sumitomo Chemical India Limited (NSE: SUMICHEM)
50-Day SMA: 421.5
Closing Price: 440.8
2. Piramal Enterprises
50-Day SMA: 1051.61
Closing Price: 1060
3. Coforge
50-Day SMA: 5177.45
Closing Price: 5205.7
4. Aditya Birla Fashion and Retail
50-Day SMA: 218.34
Closing Price: 219.1
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