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Momentum Stocks Soar: Manali Petro, 5paisa Capital, Cybertech Surge Up to 10%
M
Moneycontrol•05-10-2026, 10:17
Momentum Stocks Soar: Manali Petro, 5paisa Capital, Cybertech Surge Up to 10%
- •Manali Petro, 5paisa Capital, and Cybertech shares experienced significant gains on October 5, driven by strong technical breakouts and sustained buying interest.
- •Manali Petro shares rose 9.30% to Rs 89.47, trading above all key short- to medium-term moving averages, indicating a bullish technical setup.
- •5paisa Capital shares gained 8.16% to Rs 364.25, comfortably above all major moving averages, suggesting sustained upward momentum.
- •Cybertech shares climbed 7.52% to Rs 147.10, positioned above all key moving averages, indicating strong near-term and broader bullish trends.
- •Conversely, Deccan Transcon, Rajgor Castor, and Guj Lease Fin shares saw declines, trading below their key moving averages, signaling selling pressure and weak technical setups.
Key Questions Answered
Manali Petro, 5paisa Capital, and Cybertech gained up to 10% and traded well above their 30-day, 50-day, 150-day, and 200-day simple moving averages.
Deccan Transcon, Rajgor Castor, and Guj Lease Fin witnessed negative price movements and traded below their key moving averages, indicating persistent selling pressure.
Notable names that hit new 52-week lows included Bharat Electronics, Vedanta Aluminium, Trident, Godrej Consumer, PB Fintech, and India Cements.
