Golden Crossovers: These 3 stocks signal further bullishness

Mar 21, 2023

Ritesh Presswala

Bullish Signs

In the NSE list of stocks, three stocks with a market cap of over Rs 1000 crore have been 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) crossed their 200-day SMAs on March 20.

Image Source: ETMarkets.com

PB Fintech

CMP: Rs 581.8 | 50-Day SMA: Rs 497.38 | 200-Day SMA: Rs 496.17

Image Source: ETMarkets.com

Power Grid Corporation Of India

CMP: Rs 227.50 | 50-Day SMA: Rs 218.50 | 200-Day SMA: Rs 218.38

Image Source: ETMarkets.com

Gujarat Gas

CMP: Rs 495.20 | 50-Day SMA: Rs 483.67 | 200-Day SMA: Rs 483.48

Image Source: ETMarkets.com

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