In a market short on fresh triggers, several stocks quietly grabbed attention on October 29, 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.
Indian Card Clothing share price rose 8.87% to ₹211, trading above its 30-day SMA of ₹193.81, 50-day SMA of ₹201.30, 150-day SMA of ₹207.94 and 200-day SMA of ₹210.89. The stock is above all four moving averages, indicating positive momentum across timeframes, though it is trading only marginally above its 200-day SMA.
Shiva Texyarn share price gained 7.88% to ₹176.54, trading above its 30-day SMA of ₹163.64, 50-day SMA of ₹167.74, 150-day SMA of ₹158.99 and 200-day SMA of ₹160. The stock's position above all four moving averages signals strengthening momentum across short-term and long-term timeframes.
Creative New share price advanced 7.38% to ₹1,171.10, trading above its 30-day SMA of ₹1,090.62, 50-day SMA of ₹1,139.17, 150-day SMA of ₹877.57 and 200-day SMA of ₹826.41. The stock is comfortably above all four moving averages, indicating strong price momentum, with a significant gap over its longer-term averages.