9 stocks make bullish breakthrough: JSW Energy, Wipro, others cross 200-day SMA

On July 3, 2023, ten Indian companies crossed their 200-day Simple Moving Average (SMA), indicating potential positive trends. The list includes JSW Energy, Bank of India, and Wipro, among others. Experts point out the importance of the 200 SMA as a technical indicator that helps investors identify potential trends and gauge a stock’s overall health. Knowing when the closing price surpasses the benchmark can signal a bullish sentiment and could be a crucial event for investors.