Technical Breakout: KEI Industries, Quess Corp, 2 other counters cross 50-day SMA

economictimes.indiatimes.com:

KEI Industries, Prism Johnson, Quess Corp, and Balaji Amines showcasing strong performance in their respective sectors. Let's explore the performance of these stocks. (Data Source: StockEdge)1. KEI IndustriesKEI Industries, a leading manufacturer of power cables, demonstrated a positive market trend by crossing its 50-day SMA at Rs 2283.42, and its closing price on August 2 was Rs 2372.75.2. Prism JohnsonPrism Johnson, a major player in the building materials industry, exhibited promising market performance as it surpassed its 50-day SMA at Rs 126.04, with a closing price of Rs 129.35 on August 2.3. Quess CorpQuess Corp, a leading business services provider, displayed strong market momentum by crossing its 50-day SMA at Rs 428.58, with a closing price of Rs 428.95 on August 2.

The company offers a wide array of services, including workforce management, technology solutions, and facility management.4. Balaji AminesBalaji Amines, a prominent manufacturer of specialty chemicals, showcased an upward trend in the market by surpassing its 50-day SMA at Rs 2223.12, with a closing price of Rs 2224.75 on August 2. The crossing of the 50-day SMA by these companies suggests positive investor sentiment and may indicate potential opportunities for upward price movements in the market.

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