Golden Crossovers: These 3 stocks signal further bullishness on April 17

In the NSE list of stocks, three stocks with a market cap of over Rs 1000 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 April 16. CMP: Rs 472.



85 | 50-Day SMA: Rs 347.6 | 200-Day SMA: Rs 345.35 CMP: Rs 676.

05 | 50-Day SMA: Rs 612.21 | 200-Day SMA: Rs 610.55 Golden Crossover, stocks, Gallantt Ispat, Shriram Finance, Maharashtra Seamless.