Technical Breakout: Maruti Suzuki, TVS Motor among 7 stocks cross 20-day SMA
1. Hindalco Industries
Hindalco Industries, a prominent aluminium and copper producer, closed at Rs 461.25 on August 23, surpassing its 20-day SMA of 455.37.
2. Cholamandalam Investment and Finance
Cholamandalam Investment and Finance, a well-known non-banking financial institution, achieved a closing of Rs 1086.45 on August 23, exceeding its 20-day SMA of 1075.2.
3. Maruti Suzuki India
Maruti Suzuki India, a renowned automobile manufacturer, reached a closing of Rs 9600.95 on August 23, above its 20-day SMA of 9538.69.
4. Power Grid Corporation Of India
Power Grid Corporation of India, a vital player in power transmission, closed at Rs 249.6 on August 23, surpassing its 20-day SMA of 248.
5. SBI Life Insurance Company
SBI Life Insurance Company, a major insurance player, achieved a closing of Rs 1300.25 on August 23, exceeding its 20-day SMA of 1294.64.
6. TVS Motor Company
TVS Motor Company, a leading two-wheeler manufacturer, closed at Rs 1355.3 on August 23, slightly above its 20-day SMA of 1353.3.
7. Jindal Steel & Power
Jindal Steel & Power, a significant player in the steel and power sectors, reached a closing of Rs 660.75 on August 23, surpassing its 20-day SMA of 660.09.
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