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Golden Crossovers: Swiggy among 6 stocks signalling further bullishness on Sept 4

Signs of Strength
BCCL - Non Copyright
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Signs of Strength
In the NSE list of stocks with a market capitalization of over Rs 1,000 crore, six stocks are currently witnessing Golden Crossovers, according to technical scan data from StockEdge.com.

A Golden Cross is a significant technical indicator of bullish momentum. It occurs when a short-term moving average crosses above a long-term moving average, typically indicating a potential upward trend. In this case, the 50-day simple moving averages (SMA) of the following stocks crossed above their respective 200-day SMAs on September 3:
Krsnaa Diagnostics
ETMarkets.com
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Krsnaa Diagnostics
CMP: Rs 804.90 | 50-Day SMA: Rs 801.54 | 200-Day SMA: Rs 799.24

Vijaya Diagnostic Centre
ETMarkets.com
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Vijaya Diagnostic Centre
CMP: Rs 1,065.20 | 50-Day SMA: Rs 1,034.48 | 200-Day SMA: Rs 1,032.07

Balu Forge Industries
ETMarkets.com
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Balu Forge Industries
CMP: Rs 672.35 | 50-Day SMA: Rs 645.96 | 200-Day SMA: Rs 645.23

Exide Industries
ETMarkets.com
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Exide Industries
CMP: Rs 419.10 | 50-Day SMA: Rs 388.30 | 200-Day SMA: Rs 387.91

Swiggy
ETMarkets.com
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Swiggy
CMP: Rs 430.60 | 50-Day SMA: Rs 401.97 | 200-Day SMA: Rs 401.88

Sundrop Brands
ETMarkets.com
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Sundrop Brands
CMP: Rs 862.35 | 50-Day SMA: Rs 854.02 | 200-Day SMA: Rs 854.00
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