Golden Crossovers: These 4 stocks signal further bullishness

In the NSE list of stocks, 4 stocks with a market cap between Rs 1000 crore and Rs 10,000 crore are witnessing Golden Crossovers, according to StockEdge’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 June 2,

LTP: Rs 1161 | 50-Day SMA: 960.13 | 200-Day SMA: 956.87

LTP: Rs 94.3 | 50-Day SMA:82.58 | 200-Day SMA: 82.47

LTP: Rs 948.15 | 50-Day SMA: 919.56 | 200-Day SMA: 918.89

LTP: Rs 58.852 | 50-Day SMA: 51.26| 200-Day SMA: 51.24