Zee Entertainment Enterprises, Shriram Finance, 5 more stocks cross 50-day SMA
By
Biju Kumar
Investors seeking opportunities in the midcap segment often turn to technical indicators like the 50-day Simple Moving Average (SMA) for insights into potential stock trends. On November 1, several midcap stocks displayed an encouraging sign as they surged above their 50-day SMA, hinting at possible bullish momentum.
Let’s explore the performance of these stocks. (Data Source: StockEdge)