Golden Crossovers: These 4 stocks signal further bullishness
1/5
Bullis Signals
In the NSE list of stocks, 4 stocks with a market cap of over Rs 100 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. The 50-day simple moving averages (SMA) of these stocks crossed their 200-day SMAs on November 24, 2022. Take a look:
2/5
Kabra Extrusiontechnik
CMP: Rs 503.25
50-day SMA: Rs 398.17
200-day SMA: Rs 396.92
50-day SMA: Rs 398.17
200-day SMA: Rs 396.92
3/5
National Fertilizers
CMP: Rs 57.35
50-day SMA: Rs 49.97
200-day SMA: Rs 49.9
50-day SMA: Rs 49.97
200-day SMA: Rs 49.9
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4/5
Arvee Laboratories (India)
CMP: Rs 97.75
50-day SMA: Rs 92.45
200-day SMA: Rs 92.37
50-day SMA: Rs 92.45
200-day SMA: Rs 92.37
5/5
NACL Industries
CMP: Rs 88
50-day SMA: Rs 79.33
200-day SMA: Rs 79.29
50-day SMA: Rs 79.33
200-day SMA: Rs 79.29