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  1. 200 EMA breakout stocks today: Karur Vysya Bank, Medplus Health Services and JK Lakshmi among others close above their 200 EMA levels; Check details

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200 EMA breakout stocks today: Karur Vysya Bank, Medplus Health Services and JK Lakshmi among others close above their 200 EMA levels; Check details

Upstox

2 min read | Updated on March 26, 2025, 09:09 IST

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SUMMARY

Indian markets witnessed resistance at higher levels after posting a relentless rally from lower levels. The rally led for major gains across different categories of stocks as 458 stocks traded in green out of NIFTY500 for March.The shares of Karur Vysya Bank, JK Lakshmi Cement and Medplus Health Services closed above their 200 EMA levels on Tuesday.

The technical structure of the NIFTY50 index as per the daily chart looks sideways to bullish.

NIFTY50 and SENSEX maintain the winning streak for seventh consecutive session.| Image source: Shutterstock.

200 EMA breakout stocks today:Indian benchmark indices managed to maintain the winning streak for seven consecutive sessions, gaining nearly 7% from the recent lows. The rally was fueled by positive global market cues and strong FII buying for four consecutive sessions. The FIIs are net sellers for March at ₹6,984 crore, much lower than the previous month at ₹58,988 crore. 458 out of NIFTY500 stocks now trade in green on a monthly basis, indicating a broad-based bottoming of Indian markets.

Shares of companies like HAL, Zen Technologies, Bharat Dynamics, Kfin Technologies, Avanti Feeds, MRPL, and Chennai Petroleum, among others, rallied more than 25% from lower levels in the current rally.

Here key stocks that crossed their 200 EMA on Tuesday.

JK Lakshmi Cement

JKLAKSHMI-EQ_2025-03-26_08-53-58.webp Shares of JK Lakshmi Cement closed 2.34% higher on Tuesday at ₹793 apiece on the NSE, crossing its 200 EMA level of ₹788. The shares have rallied nearly 20% from the recent lows in the first week of March and currently trade 10.45% below the 52-week high price of ₹888 apiece.

Karur Vysya Bank

KARURVYSYA-EQ_2025-03-26_08-54-06.webp The shares of south India-based Karur Vysya Bank closed marginally above its 200 EMA of ₹210.7 on Tuesday.The shares have rallied nearly 15% in last seven trading sessions from the recent lows.

Medplus Health Services

MEDPLUS-EQ_2025-03-26_08-54-14.webp Shares of retail pharmaceutical chain Medplus Health Services gained momentum after it closed above 200 EMA level of ₹735 on Tuesday. The shares are now trading 13% lower from the 52-week high level touched in December 2024.
Disclaimer: This article is for informational purposes only and must not be considered investment advice from Upstox. Past returns are not indicative of future performance. Please consult with a financial advisor before trading and investing.
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