In a market short on fresh triggers, several stocks quietly grabbed attention on September 25, driven by technical breakouts, strong price action, and sustained buying interest.
The selected stocks are showing strong upward momentum, trading well above their key short- to medium-term moving averages, which indicates a positive trend in the near term.
Transport Corp shares rose 8.29% to ₹944.10, trading above their 30-day SMA of ₹871.85, 50-day SMA of ₹893.45 and 150-day SMA of ₹934.05, while remaining below the 200-day SMA of ₹963.70.
Xelpmoc Design shares gained 7.60% to ₹84, trading above their 30-day SMA of ₹78.07 and 50-day SMA of ₹79.39, but below the 150-day SMA of ₹93.50 and 200-day SMA of ₹103.12.
Infinium Pharma shares advanced 4.57% to ₹269, trading well above their 30-day SMA of ₹257.25, 50-day SMA of ₹238.49, 150-day SMA of ₹219.24 and 200-day SMA of ₹220.71.
The selected stocks are witnessing downward pressure, as reflected in negative price movements and their positioning relative to key moving averages, indicating a cautious market sentiment.
Barflex Polyfil shares fell 4.50% to ₹57.05, trading below their 30-day SMA of ₹59.74, 50-day SMA of ₹57.57, 150-day SMA of ₹57.90 and 200-day SMA of ₹60.72.
Digjam shares declined 3.49% to ₹52, trading below their 30-day SMA of ₹53.88, but above their 50-day SMA of ₹50.78, 150-day SMA of ₹46.71 and 200-day SMA of ₹47.47.
Mukta Arts shares slipped 3.43% to ₹55.15, trading below their 30-day SMA of ₹57.11, 50-day SMA of ₹56.72 and 200-day SMA of ₹56.68, while remaining marginally above the 150-day SMA of ₹55.05.
Several stocks touched fresh 52-week low, highlighting persistent selling pressure in the market. Notable names that hit new low included PB Fintech, India Cements, Latent View, IRB Infra, SJVN, Jupiter Wagons, CESC, Britannia, HUL, Tata Motors Passenger Vehicles, Can Fin Homes, Ircon International, P&G Hygiene, Bayer Crop, KPIT Technologies, NSDL, Zensar Technologies, Tata Elxsi, UPL.
Sumeet Industries, Spectrum Electrical Industries, Kronox Lab Sciences among others were locked in their upper circuits, reflecting strong buying and signalling bullish near-term sentiment.