Positive Breakouts: These stocks are trading with optimism

The markets at all-time highs always are tricky. Because there is optimism in the markets the stocks are trading at all-time highs and as the markets are at all-time highs there is always a fear of prices slipping because of profit booking.  

While several stocks are trading at their fresh 52-week highs and showing some good momentum we have identified a set of stocks that are showing good momentum in prices and have crossed the 30D EMA recently. When the stock prices cross the 30D EMA from below and sit above it the trend can be considered bullish in the short term.  

Following stocks crossed the 30D EMA from below :  

1. Star Cement  

2. EClerx  

3. Relaxo Footwear  

4. BPCL  

5. Emami  

6. Bluedart  

7. Hindustan Uniliver  

8. Oberoi Realty