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Latest news with #GoldenCrossover

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

Business Standard

time04-07-2025

  • Business
  • Business Standard

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

Nifty Auto sees Golden Cross, 5 stocks with similar patterns; how to trade?
Nifty Auto sees Golden Cross, 5 stocks with similar patterns; how to trade?

Business Standard

time02-07-2025

  • Automotive
  • Business Standard

Nifty Auto sees Golden Cross, 5 stocks with similar patterns; how to trade?

MRF, TVS Motor, Tata Motors, Maruti, Mahindra & Mahindra and Ashok Leyland from the Nifty Auto index have witnessed a 'Golden Crossover' in recent months; here's a detailed outlook. Rex Cano Mumbai Listen to This Article The Nifty Auto index has witnessed the formation of 'Golden Cross' on the daily chart after a gap of more than six months. Technically, 'Golden Cross' is considered as a bullish signal, with further upside potential. The term 'Golden Cross' also commonly referred as 'Golden Crossover' means that the 50-Day Moving Average (50-DMA), has now crossed the 200-DMA from below. This suggests that the support levels for the index are moving higher. Apart from the Nifty Auto index, there are 5 auto stocks which witnessed a similar development on the daily charts in recent months. Mahindra

2 midcaps, 1 smallcap stock with up to 35% upside potential; check details
2 midcaps, 1 smallcap stock with up to 35% upside potential; check details

Business Standard

time02-07-2025

  • Business
  • Business Standard

2 midcaps, 1 smallcap stock with up to 35% upside potential; check details

Midcaps Persistent Systems and ICRA alongwith smallcap Valiant Labs look technically strong on charts, following the formation of 'Golden Cross' on Wednesday. Rex Cano Mumbai Listen to This Article Persistent Systems, ICRA and Valiant Laboratories have a common connection today, July 02, 2025. The first 2 midcap stocks, and the latter a smallcap stock have witnessed the formation of 'Golden Cross' on the daily charts on Wednesday. The term 'Golden Crossover' or formation of 'Golden Cross' is used when the 50-Day Moving Average (50-DMA) of a particular underlying stock or index crosses-over the 200-DMA from below. In general, the Golden Crossover is considered as a bullish development, as the shorter-term moving averages now quote above the long-term average, suggesting that supportive prices are moving higher. Here's a

This Adani-group stock flags BIG bullish signal; can it double from here?
This Adani-group stock flags BIG bullish signal; can it double from here?

Business Standard

time18-06-2025

  • Business
  • Business Standard

This Adani-group stock flags BIG bullish signal; can it double from here?

The average gain for Ambuja Cements, an Adani group stock, after witnessing 'Golden Cross' formation has been 86% in the last three instances; can history be repeated? Here's what the charts say. Rex Cano Mumbai Listen to This Article Ambuja Cements, an Adani-group stock, witnessed formation of 'Golden Cross' also commonly known as 'Golden Crossover' on the daily chart this week. Technically, a 'Golden Cross' formation or a 'Golden Crossover' means that the underlying stock's 50-Day Moving Average (50-DMA) has now crossed over the long-term 200-DMA from below. The 50-DMA of Ambuja Cements now stands at ₹546.40, while the 200-DMA at ₹544.90. CLICK HERE FOR THE CHART In general, Golden Crossover is considered as a positive sign for the underlying stock, as the short-term (50-Day) moving average now trades above the long-term moving average (200-DMA)

Bullish Bets: RIL, Dixon, 10 other stocks form 'Golden Cross'; check list
Bullish Bets: RIL, Dixon, 10 other stocks form 'Golden Cross'; check list

Business Standard

time30-05-2025

  • Business
  • Business Standard

Bullish Bets: RIL, Dixon, 10 other stocks form 'Golden Cross'; check list

Technically, the Golden Cross formation is considered as a positive development for the stock. Here's a detailed list of 12 Nifty 500 stocks with Golden Cross formation on May 30, 2025. Listen to This Article Amid the on-going pullback in the market, with the broader Nifty 500 index seeing a 17.3 per cent rally from a low of 19,520 hit on April 7, several stocks too have managed to log smart gains. On Friday, while the benchmark Nifty 60 and the broader - Nifty 500 indices consolidated in trades, a total of 12 out of the Nifty 500 stocks, including Reliance Industries, witnessed formation of a 'Golden Cross' also commonly known as 'Golden Crossover' on the daily technical charts. Technically, Golden Crossover is considered as a positive development, as the short-term (50-Day) moving

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