The markets broke out after six weeks of consolidation, with the Nifty gaining 2.09%. Support levels have risen to the 25100-25150 zone, and leadership is expected to shift towards bottoming-out sectors. Focus should be on profit-taking in overperforming sectors and shifting to those with improved relative strength, with potential resistance at 25750 and 26000.
Positive Breakout: These 6 stocks cross above their 200 DMAs
In the NSE list of stocks with a market cap over Rs 10,000 crore, six stocks’ close prices crossed above their 200 DMA (Daily Moving