Technical breakthrough: Hindustan Zinc, Sunteck Realty among 6 stocks cross 100-day SMA
The crossing of a stock's price above its 100 Simple Moving Average (SMA) is an important technical signal indicating a potential shift in market momentum. Several companies, including Hindustan Zinc, Indiabulls Real Estate, Deepak Fertilisers And Petrochemicals Corporation, Petronet LNG, KNR Constructions, and Sunteck Realty saw their stock prices cross the 100 SMA on July 6, 2023.
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