Yes Bank, Nocil, 6 other stocks surpass the 200-Day SMA

The stock market marked a remarkable day on October 11 as several major stocks confidently rose above their crucial 200-day Simple Moving Average (SMA). This technical achievement often draws the attention of investors, as it can indicate longer-term trends.

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

1. City Union Bank
200-Day SMA: 137.17

Closing price: 140.8

2 Nocil
200-Day SMA: 221.89
Closing price: 225.65

3. Uflex
200-Day SMA: 441.46
Closing price: 444.5

4. Crompton Greaves Consumer Electricals
200-Day SMA: 298
Closing price: 299.7

5. Hindustan Petroleum Corporation
200-Day SMA: 253.34
Closing price: 254.1

6. Godrej Consumer Products
200-Day SMA: 983.32
Closing price: 985.85

7. Yes Bank
200-Day SMA: 17.03
Closing price: 17.05

8. Pidilite Industries
200-Day SMA: 2484.96
Closing price: 2487.65

(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)