In a market short on fresh triggers, several stocks quietly grabbed attention on November 3, 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.
VRL Logistics shares rose 8.99 percent to Rs 307.20 and were trading above all major moving averages — 30-day, 50-day, 150-day and 200-day SMAs of Rs 281.86, Rs 286.05, Rs 262.36 and Rs 264.05, respectively.
Kitex Garments shares gained 12.85 percent to Rs 131.39 and were trading above their 30-day SMA of Rs 116.43 and 50-day SMA of Rs 120.02, but remained below their 150-day and 200-day SMAs of Rs 143.88 and Rs 151.76, respectively.
Ecos India Mobility & Hospitality shares advanced 7.28 percent to Rs 112.91 and were trading above their 30-day SMA of Rs 105.25 and 50-day SMA of Rs 107.83, but remained below their 150-day and 200-day SMAs of Rs 123.68 and Rs 133.90, respectively.