Jubilant FoodWorks, with a market capitalization of nearly Rs 38000 crore, was consolidating in a range of Rs 575-450 on the weekly charts. Recently, the stock on the weekly charts recorded a breakout from the said range and inched closer to Rs 600 levels.
Positive Breakout: These 9 stocks cross above their 200 DMAs
In the Nifty500 pack, nine stocks’ closing prices crossed above their 200 DMA (Daily Moving Averages) on May 22, 2026, according to stockedge.com’s technical scan