In a market short on fresh triggers, several stocks quietly grabbed attention on October 19, 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.
Smartlink Net surged 16.70% to ₹253.50, trading above its 30-day (₹217.23), 50-day (₹218.69), 150-day (₹178.49) and 200-day (₹165.33) simple moving averages (SMAs). Trading above all key averages reflects strong upward momentum and a positive long-term technical trend.
Jay Bharat Maruti advanced 9.47% to ₹132.25, trading above its 30-day (₹120.81), 50-day (₹123.90), 150-day (₹124.78) and 200-day (₹117.61) SMAs. Trading above all key averages indicates strong buying momentum and a positive technical trend.
Jai Corp gained 8.87% to ₹101.09, trading above its 30-day (₹92.85) and 50-day (₹96.23) SMAs, but below its 150-day (₹105.35) and 200-day (₹108.11) SMAs. The stock's position above short-term averages indicates improving near-term momentum, although longer-term technical trends remain weak.