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Golden Crossovers: These 4 stocks signal further bullishness

Golden Cross Ahoy!
Agencies
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Golden Cross Ahoy!
In the BSE list of stocks, four stocks with a market cap of over Rs 200 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 November 29. Take a look:
Veritas (India)
ETMarkets.com
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Veritas (India)
CMP: Rs 140.5
50-Day SMA: Rs 126.78
200-Day SMA: Rs 126.24

RRIL
ETMarkets.com
3/5
RRIL
CMP: Rs 17.13
50-Day SMA: Rs 13.7
200-Day SMA: Rs 13.65

Universus Photo Imagings
ETMarkets.com
4/5
Universus Photo Imagings
CMP: Rs 529.85
50-Day SMA: Rs 558.02
200-Day SMA: Rs 556.57
Power Finance Corporation
ETMarkets.com
5/5
Power Finance Corporation
CMP: Rs 134.45
50-Day SMA: Rs 113.36
200-Day SMA: Rs 113.21

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