investment decisions. The Simple Moving Average (SMA), particularly the 100-day SMA, is a vital tool that provides insights into a stock's medium-term performance. On Friday, October 20, several major stocks in the Indian market showcased significant movements by surpassing their 100-day SMA, indicating potential changes in their stock trends.
Let's explore the performance of these stocks. (Data Source: StockEdge)
1. Tanla Platforms
100-Day SMA: 1038.62 | Closing Price: 1065.3
2. Muthoot Finance
100-Day SMA: 1253.82 | Closing Price: 1271.6
3. Trident
100-Day SMA: 35.08 | Closing Price: 35.5
4. Procter & Gamble Health
100-Day SMA: 5136.45 | Closing Price: 5163.3
5. Gujarat State Petronet
100-Day SMA: 287.26 | Closing Price: 287.95
6. JK Lakshmi Cement
100-Day SMA: 676.37 | Closing Price: 677.65
(Disclaimer: This is an AI-generated article.