In the realm of stock market analysis, the 200-day Simple Moving Average (SMA) stands as a pivotal indicator, offering insights into a stock’s long-term performance. When a stock’s price ascends above this benchmark, it often signifies a positive shift in market sentiment and potential bullish momentum. Recently, four notable companies—Jindal Worldwide, KDDL, Five-Star Business Finance,

The Nifty50 index recently established a triple bottom around the 22,780 mark on the daily chart, signaling a robust support zone. However, the formation of red candles on both daily and weekly charts suggests a lack of momentum in upward movements. The 21-Day Simple Moving Average (DSMA), positioned near 23,260, presents an immediate hurdle. A