Technical breakthrough: TCS, Federal Bank and 8 other stocks cross 100-day SMA

economictimes.indiatimes.com:

Here's a list of stocks that have surpassed their 100 SMA. (Data Source: Stockedge)1. Kaveri Seed CompanyKaveri Seed Company demonstrated remarkable performance on 4 July 2023, surpassing its 100 SMA of 518.4 with a closing price of 573.85.

Known for its high-quality hybrid seeds, Kaveri Seed Company plays a significant role in the agricultural sector.2. GMR Power and Urban InfraGMR Power and Urban Infra exhibited strength by surpassing its 100 SMA of 17.86, closing at 19.5 on 4 July 2023. GMR Power is in the infrastructure development space.3. Ultramarine & PigmentsUltramarine & Pigments showcased impressive performance on 4 July 2023, crossing its 100 SMA of 334.76, with a closing price of 350.55.

The company is into manufacturing of specialty chemicals and pigments, Ultramarine & Pigments serves diverse industries such as plastics, paints, inks, and textiles.4. Federal BankFederal Bank showcased impressive performance on 4 July 2023, crossing its 100 SMA of 128.41 with a closing price of 132.5. Goodluck IndiaGoodluck India demonstrated notable momentum on 4 July 2023, surpassing its 100 SMA of 442.1 with a closing price of 449.9.

As a prominent player in the steel industry, Goodluck India is involved in manufacturing and supplying a wide range of steel pipes and tubes.6. IFB IndustriesIFB Industries showcased impressive performance on 4 July 2023, crossing its 100 SMA of 814.77, with a closing price of 824.6. As a leading manufacturer of home appliances, IFB Industries offers a diverse range of products, including washing machines, air conditioners, and kitchen appliances.7. Tata Consultancy ServicesTata Consultancy Services (TCS) exhibited notable momentum on 4 July 2023, surpassing its 100 SMA of 3272.51, with a