​SBI among 8 PSUs giving bullish signals as MACD crosses signal line​

MACD is a momentum indicator that helps to know the relationship between the two moving averages of prices. The MACD is calculated by taking the difference between the 26-day EMA from the 12-day EMA. While a 9-day EMA of the MACD is called the signal line is plotted on the top of the MACD and suggests buy and sell signals. Typically technical traders make use of MACD so as to find out when the bullish or bearish indicator is high and to take an entry or exit call in a security.

​MACD: 21.77| Signal: 21.62| Close as of September 4: Rs 424.05

​MACD: -4.6 | Signal: -5.12| Close as of September 4: Rs 575.55

​MACD: 0.96 | Signal: 0.94 | Close as of September 4: Rs 32.91

​MACD: 1.29 | Signal: 1.28 | Close as of September 4: Rs 36.79

MACD: 2.07 | Signal: 1.87 | Close as of September 4: Rs 182.8

​MACD: 5.84 | Signal: 5.27 | Close as on September 4: Rs 235.85

​MACD: 0.72 | Signal: 0.65 | Close as on September 4: Rs 37.26

​MACD: 4.7 | Signal: 4.16 | Close as on September 4: Rs 142.65