50-day sma: Stocks soar! ICICI Bank, Tata Motors, 7 other stocks surpass 50-day SMA
The crossing of the 50-Day SMA is a significant technical milestone for major companies, signaling potential short to medium-term changes in market sentiment. Investors and traders often closely follow such developments as they assess investment opportunities. Let’s explore the performance of these stocks. (Data Source: StockEdge)
1. Campus Activewear
Campus Activewear Limited achieved a significant milestone by surpassing its 50-day SMA of 304.20, closing at Rs 313.20 on September 8.
2. Tata Motors
Tata Motors Limited surged ahead, surpassing its 50-day SMA of 616.53, and closing at Rs 627.25 on September 8. Tata Motors is a leading Indian automotive manufacturer known for its diverse range of vehicles, including cars, trucks, and buses, serving both domestic and international markets.
3. Bharti Airtel
Bharti Airtel Limited made a noteworthy move by surpassing its 50-day SMA of 876.36, closing at Rs 885.85 on September 8.
4. Happiest Minds Technologies
Happiest Minds Technologies Limited reached a significant milestone by surpassing its 50-day SMA of 933.76, closing at Rs 939.50 on September 8.5. CRISIL
CRISIL Limited surged ahead, surpassing its 50-day SMA of 3880.07, and closing at Rs 3897.15 on September 8.
6. ICICI Bank
ICICI Bank Limited achieved a new high by surpassing its 50-day SMA of 967.31, closing at Rs 970.55 on September 8.
7. Bajaj Auto
Bajaj Auto Limited surged ahead, surpassing its 50-day SMA of 4747.17, and closing at Rs 4759.55 on September 8.
8. Mahanagar Gas
Mahanagar Gas Limited achieved a significant milestone by surpassing its 50-day SMA of 1055.84, closing at Rs 1056.65 on September 8.
9. Gujarat Gas
Gujarat Gas Limited surged ahead, surpassing its 50-day SMA of 464.35, and closing at Rs 464.40 on September 8.
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