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

Apr 17, 2025, 08:00:04 AM IST

Bullish Signals

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.

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What is a Golden Crossover?

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What is a Golden Crossover?

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.

Gallantt Ispat

CMP: Rs 472.85 | 50-Day SMA: Rs 347.6 | 200-Day SMA: Rs 345.35

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Shriram Finance

CMP: Rs 676.05 | 50-Day SMA: Rs 612.21 | 200-Day SMA: Rs 610.55

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Maharashtra Seamless

Golden Crossover, stocks, Gallantt Ispat, Shriram Finance, Maharashtra Seamless

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