A number of shares caught the investors' fancy on Monday as these showed strong price movement supported by positive technical signals. The following were among the gainers whose stock prices were trading above their moving averages.

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Buying Momentum Seen In Select Stocks

Diamond Power Infrastructure share price climbed 8.66% to ₹218.53. The stock traded above its 30-day simple moving average (SMA) of ₹201.11, 50-day SMA of ₹190.00, 150-day SMA of ₹153.46 and 200-day SMA of ₹152.54, indicating strength across short-, medium- and long-term trends.

Precot share price gained 4.92% to ₹775.75. The stock remained comfortably above its 30-day SMA of ₹739.37, 50-day SMA of ₹685.50, 150-day SMA of ₹525.17 and 200-day SMA of ₹504.66. The move reflected sustained upward momentum and continued buying interest.

Zen Technologies share price advanced 4.20% to ₹1,838.50. It traded above its 30-day SMA of ₹1,764.46, 50-day SMA of ₹1,707.38, 150-day SMA of ₹1,488.22 and 200-day SMA of ₹1,474.63, pointing to a positive technical setup.

Weakness Persists In A Few Counters

Some stocks, however, remained under pressure. Kotyark Industries share price declined 4.82% to ₹36.94. While the stock stayed above its 150-day and 200-day moving averages, it slipped below its 30-day SMA of ₹38.81 and 50-day SMA of ₹38.56, indicating near-term weakness.

Lexus Granito India share price fell 3.26% to ₹15.73. The stock was trading below all its key moving averages such as the 30-day, 50-day, 150-day and 200-day SMAs, indicating continued bearish momentum.
Suraj share price dropped 3.19% to ₹222.20 and remained below its 30-day SMA of ₹229.52, 50-day SMA of ₹233.46, 150-day SMA of ₹238.69 and 200-day SMA of ₹254.82, suggesting persistent selling pressure.

Several Stocks Hit Fresh 52-Week Highs

Buying interest was also visible across a broader set of stocks that touched fresh 52-week highs during the session. The list included Oracle Financial Services, Sona BLW Precision Forgings, Aegis Logistics, Adani Enterprises, Nippon Life India Asset Management, Marico, Delhivery, Federal Bank, CG Power and Industrial Solutions, Zydus Wellness, Piramal Finance, Krishna Institute of Medical Sciences, Inventurus Knowledge Solutions and Cemindia Projects, among others.

In addition, Amir Chand Jagdish Kumar Exports, Gradiente Infotainment and Precot were locked in their upper circuits, indicating strong demand with limited selling availability.

Technical Setup Remains Stock-Specific

The session brought out the fact that the momentum still seemed to be focused in certain counters even as there was mixed performance in the overall market with stocks trading above their respective moving averages getting buyers while stocks trading below the moving averages continued to face pressure.