In the NSE list of stocks, five stocks with a market cap of over Rs 1,000 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 December 8, 2022. Take a look:
Ola Electric Mobility shares rally over 7%. What’s boosting investor sentiment?
Ola Electric shares surged after the company signed an MoU with Axis Energy to deploy up to 20 GWh of battery energy storage systems by