Technical Breakout: Nykaa among 9 stocks which surpassed 200-day SMA

Crossing the 200-day SMA is a notable technical signal that can offer valuable insights to traders and investors. However, it's crucial to conduct comprehensive research and consider various factors before making investment decisions in the stock market. Let's explore the performance of these stocks. (Data Source: StockEdge)

1. E.I.D. - Parry (India) surpassed a 200-day SMA of Rs 512.02 with a closing price of Rs 522.25 on September 6.

2. Page Industries Ltd. (NSE: PAGEIND) crossed a 200-day SMA of Rs 40,025.47 with a closing price of Rs 40,806.4 on September 6.

3. Crompton Greaves Consumer Electricals also crossed a 200-day SMA of 304.48 with a closing price of Rs 309.25.

4. Aptus Value Housing Finance India crossed a 200-day SMA of Rs 270.31 with a closing price of Rs 273.2.

5. Deepak Fertilisers and Petrochemicals Corporation surpassed a 200-day SMA of Rs 625.45 with a closing price of Rs 632.

6. Timken India surpassed a 200-day SMA of Rs 3,177.81 with a closing price of Rs 3,202.55.

7. Fine Organic Industries crossed a 200-day SMA of Rs 4,905.34 with a closing price of Rs 4,939.35.

8. Britannia Industries surpassed a 200-day SMA of Rs 4,544.38 with a closing price of Rs 4,569.15.

9. FSN E-Commerce Ventures (Nykaa) rounded off the list with a 200-day SMA of 142.52 and a closing price of Rs 142.6.

(Disclaimer: This is an AI-generated article. Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)