Bullish Signs
According to StockEdge.com's technical scan data, four stocks on the NSE list with a market cap of over Rs 1,000 crore are witnessing golden crossovers. A golden cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses above the major long-term moving average. These stocks' 50-day simple moving averages (SMAs) crossed their 200-day SMAs on December 2.
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