Tanla Platforms, Trident and 4 other stocks surpass 100-day SMA

In the ever-changing landscape of the stock market, investors often turn to key indicators to make informed investment decisions. The Simple Moving Average (SMA), particularly the 100-day SMA, is a vital tool that provides insights into a stock's medium-term performance. On Friday, October 20, several major stocks in the Indian market showcased significant movements by surpassing their 100-day SMA, indicating potential changes in their stock trends.

Let's explore the performance of these stocks. (Data Source: StockEdge)

1. Tanla Platforms
100-Day SMA: 1038.62 | Closing Price: 1065.3

2. Muthoot Finance
100-Day SMA: 1253.82 | Closing Price: 1271.6

3. Trident
100-Day SMA: 35.08 | Closing Price: 35.5

4. Procter & Gamble Health
100-Day SMA: 5136.45 | Closing Price: 5163.3

5. Gujarat State Petronet
100-Day SMA: 287.26 | Closing Price: 287.95

6. JK Lakshmi Cement
100-Day SMA: 676.37 | Closing Price: 677.65

(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)