JSW Steel, LTIMindtree, 8 more stocks surpass 100-day SMA

In the dynamic world of stock markets, investors often turn to key indicators to make informed decisions. The Simple Moving Average (SMA), particularly the 100-day SMA, is a vital tool offering valuable insights into a stock's short to intermediate-term performance. On Monday, October 16, several major players in the Indian stock market displayed noteworthy moves by crossing their 100-day SMA, indicating potential shifts in their stock trends.

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

1. Easy Trip Planners

100-Day SMA: 41.95 | Closing Price: 42.75

2. ICICI Lombard General Insurance Company
100-Day SMA: 1315.14 | Closing Price: 1337.55

3. Prince Pipes and Fittings
100-Day SMA: 669.89 | Closing Price: 680

4. AIA Engineering
100-Day SMA: 3417.72 | Closing Price: 3468.1

5. JSW Steel
100-Day SMA: 779.71 | Closing Price: 790.7

6. LTIMindtree
100-Day SMA: 5118.2 | Closing Price: 5162.45

7. Procter & Gamble Health
100-Day SMA: 5136.3 | Closing Price: 5167.9

8. Sheela Foam
100-Day SMA: 1133.92 | Closing Price: 1140.2

9. Aarti Industries
100-Day SMA: 489.11 | Closing Price: 490.6

10. Deepak Nitrite
100-Day SMA: 2105.74 | Closing Price: 2111.1

(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)