In the NSE list of stocks, five stocks with a market cap of over Rs 1000 crore are witnessing Golden Crossovers, according to stockedge.com’s technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks’ 50-day simple moving averages (SMA) crossed their 200-day SMAs on May 25.
Nirmal Bang initiates coverage on 2 housing finance stocks with upside potential of up to 30%
Nirmal Bang initiates coverage on HFFC and Aavas Financiers, foreseeing growth opportunities. HFFC has 30.5% upside, Aavas 14%. AHFCs positioned for growth despite challenges. India’s