Positive Breakout: Bajaj Consumer Care and 4 other stocks cross above their 200 DMA
Expleo Solutions, SIRCA Paints India, Bajaj Consumer Care, SJS Enterprises
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Expleo Solutions, SIRCA Paints India, Bajaj Consumer Care, SJS Enterprises
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.
IRFC, REC, Power Finance Corporation, BHEL, SJVN, JSW Energy and GMR Airports are some of the direct beneficiaries of the increased capex spending announced in the budget on the Infrastructure, Power and Railways sector.
Given the strong optimism, the bulls are likely to take the Nifty 50 to the 22,000-22,200 zone in near term with an immediate support at 21,800-21,700 levels, followed by crucial support at 21,500 mark, experts said.
As long as the stock is priced above the 200-day SMA on the daily time frame, it is generally considered to be an overall uptrend.