Golden Crossovers: Caplin Point Lab among 4 stocks that signal further bullishness
1/5
Bullish Signals
In the NSE list of stocks with a market cap of Rs 1,000 crore, four stocks 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 September 15.
2/5
Knowledge Marine & Engineering Works
CMP: Rs 2315.7 | 50-Day SMA: Rs 1767.26 | 200-Day SMA: Rs 1756.1
3/5
MSP Steel & Power
CMP: Rs 40.66 | 50-Day SMA: Rs 32.18 | 200-Day SMA: Rs 32.16
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4/5
Sathlokhar Synergys E&C Global
CMP: Rs 487.2 | 50-Day SMA: Rs 448.64 | 200-Day SMA: Rs 448.40
5/5
Caplin Point Laboratories
CMP: Rs 2273.3 | 50-Day SMA: Rs 2104.18 | 200-Day SMA: Rs 2103.97