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This tech indicator triggered 100% rally in Nifty SmallCap; will it repeat?

The Nifty SmallCap index witnessed a 'Golden Crossover' on four occasions thus far in the past, with each resulting into a gain; historical chart shows a massive 110% rally post August 2020 breakout. Rex Cano Mumbai Listen to This Article The NSE Nifty SmallCap 250 index today witnessed the formation of 'Golden Cross' on the daily chart, with its 50-Day Moving Average (50-DMA) crossing over the 200-DMA from below. On Friday, in intra-day deals, the 50-DMA quoted around 16,666 levels, while the long-term 200-DMA stood at 16,632. The 'Golden Cross' formation also commonly-known as 'Golden Crossover' was seen today, following the 'Death Cross' formation on February 5, 2025. CLICK HERE FOR THE CHART The term 'Golden Cross' means that the shorter-term moving average - the 50-DMA has now crossed over the 200-DMA. Whereas, as and when