Momentum Stocks: Radhika Jewel, Shankara Buildpro, TCI Express gain up 10% on sheer momentum
Radhika Jewel jumped 9.8 percent to Rs 61.89, staying above its 30-day SMA (Rs 56.38) and 50-day SMA (Rs 58.47). However, the stock continued to trade below its 150-day SMA (Rs 65.21) and 200-day SMA (Rs 70.73), indicating that while short-term momentum has improved, the long-term trend remains weak.
Radhika Jewel jumped 9.8 percent to Rs 61.89, staying above its 30-day SMA (Rs 56.38) and 50-day SMA (Rs 58.47). However, the stock continued to trade below its 150-day SMA (Rs 65.21) and 200-day SMA (Rs 70.73), indicating that while short-term momentum has improved, the long-term trend remains weak.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
