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 15.
Positive Breakout: These 3 stocks cross above their 200 DMAs
In the Nifty200 pack, three stocks’ close prices crossed above their 200 DMA (Daily Moving Averages) on January 17, according to stockedge.com’s technical scan data.
January 20, 2025