Stocks soar! Zee Entertainment among 5 stocks which have crossed 200-day SMA

Crossing the 200-day SMA is a significant technical indicator for investors, as it may signal a potential uptrend in the stock’s price movement. July 24, 2023, witnessed a notable trend in the stock market as several companies crossed their 200-day Simple Moving Average (SMA), indicating a potential change in their price trends.

Among the companies that showed strong momentum were Aditya Birla Sun Life AMC, Container Corporation of India, Indiabulls Housing Finance, KRBL, and Zee Entertainment Enterprises. Let’s take a closer look at these companies and their recent stock movements. (Data Source: StockEdge)