Golden Crossovers: These 4 stocks signal further bullishness
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Bullish Signs
In the NSE list of stocks, four counters 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. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on November 4. Take a look:
