A golden crossover is used in technical analysis of financial markets to describe a bullish move that occurs when a shorter-term moving average crosses above a longer-term moving average.
The most common moving averages used are the 50-day moving average (short-term) and the 200-day moving average (long-term). This crossover is considered a positive signal, indicating potential upward momentum in the asset’s price.
List of Stocks with Golden Crossover are listed below
Kalyani Steels Ltd
CMP – 1,193.90
50-Day Moving Average 886.30
200-Day Moving Average 868.55
Kalyani Steels Ltd. is an Indian company primarily engaged in the production of high-quality steel products, including alloy steels, carbon steels, and specialized steels for various industrial applications.
The company is part of the Kalyani Group and manufactures steel products that serve diverse industries, including automotive, defense, energy, and infrastructure.
Kalyani Steels is committed to maintaining high standards of environmental and safety practices while driving operational excellence and technological advancements, with a robust market presence both in India and globally.
Sunflag iron and steel Ltd
CMP – 282.15
50-Day Moving Average 221.76
200-Day Moving Average 219.54
Sunflag Iron and Steel Company Limited is a prominent Indian manufacturer of high-quality steel products, primarily specializing in the production of long products such as bars, rods, and wire rods.
The company’s main products include alloy steel, mild steel, and special steel, with applications across diverse sectors such as automotive, construction, engineering, and infrastructure.
Sunflag’s facilities include a fully equipped steel plant with modern blast furnaces, rolling mills, and furnaces, ensuring consistent quality and production efficiency. Additionally, it has a robust distribution network that ensures its products reach customers across India and internationally.
Tanfac Industries Ltd
CMP – 2782.70
50-Day Moving Average 2,161.04
200-Day Moving Average 2,127.34
Tanfac Industries Ltd. is a well-established Indian company engaged in the production of specialty chemicals and fertilizers, with a focus on producing high-quality products such as industrial chemicals, agrochemicals, and fertilizers.
The company’s product portfolio includes aluminum fluoride, hydrofluoric acid, and other critical chemicals used in various industries, including aluminum, glass, chemicals, and pharmaceuticals.
Tanfac Industries has developed a reputation for strong customer relationships and a robust distribution network, catering to both domestic and international markets.
United Drilling Tools Ltd
CMP – 268.10
50-Day Moving Average 250.61
200-Day Moving Average 247.11
United Drilling Tools Ltd. is an Indian company specializing in the manufacturing and supply of drilling tools and equipment for the oil, gas, and mining industries.
The company has earned a reputation for its high-quality, durable, and cost-effective products. United Drilling Tools focuses on delivering reliable solutions to meet the diverse needs of its clients, with a strong emphasis on precision engineering and advanced manufacturing techniques.
United Drilling Tools Ltd. is known for providing high-quality products, including drill pipes, casings, tubing, fishing tools, and wellhead equipment, catering to both domestic and international markets.
Written by Sridhar J
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