Stocks on the rise! Indiabulls Real Estate, GAIL and others cross 100-day SMA
The closing price of a stock crossing its 100-day Simple Moving Average (SMA) is significant in stock market analysis. When a stocks closing price rises above its 100 SMA, it often suggests potential upward momentum. On July 3, 2023, several stocks crossed their 100 SMA, including HFCL, V-Mart Retail, Indian Overseas Bank, Bank of India, Vaibhav Global, GAIL, Indiabulls Real Estate, and Polyplex Corporation.
Polyplex Corporation Indian Overseas Bank Simple Moving Average Data Source Smart Retail Overseas Bank
Source: indiatimes.com