IRCTC, Eicher Motors, 4 others gain momentum by crossing 100-day SMA
Crossing the 100-day SMA is a significant technical indicator for investors, signaling potential positive price trends for these stocks. Companies like IRCTC, Laxmi Organic Industries, Gujarat Gas, Petronet LNG, Eicher Motors, and TCNS Clothing, showcasing strong performance in their respective sectors. Let’s explore the performance of these stocks. (Data Source: StockEdge)
1. IRCTC
IRCTC (Indian Railway Catering and Tourism Corporation) witnessed a bullish trend as its closing price surpassed the 100-day SMA of 619.54 to reach 630.65 on July 28.
