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
Apollo Micro Systems Ltd
Apollo Micro Systems is an Indian technology company that specializes in providing advanced electronic solutions for defense, aerospace, and industrial applications. It designs and manufactures a range of products, including microelectronic devices, communication systems, and radar systems. Apollo Micro Systems is known for its strong engineering expertise and innovation in electronic systems.
The golden crossover took place on 20th of January 2025 at the price of Rs. 106.73 with strong volumes of 35.41M and it is currently trading at Rs. 151.28 , after the crossover the stock has moved 18 percent during the intraday trade.
Ashapura Minechem Ltd
Ashapura Minechem Ltd is one of India’s leading producers of bentonite, a key mineral used in various industries like oil drilling, construction, and agriculture. The company is also involved in the mining and processing of other minerals like kaolin and bauxite. Ashapura operates globally, with a strong presence in the markets of Europe, Asia, and Africa.
The golden crossover took place on 09th of January 2025 at the price of Rs. 347.70 with a decent volume and it is currently trading at Rs. 543.50, after the crossover the stock has moved 21 percent from the date of the Crossover.
Apeejay Surrendra Park Hotels Ltd:
Apeejay Surrendra Park Hotels Ltd is a prominent hotel chain in India, part of the Apeejay Surrendra Group. The company operates a range of luxury and premium hotels across key cities in India under brands like The Park and The Park Collection. Known for its hospitality and exceptional customer service, the company caters to both business and leisure travelers.
The golden crossover took place on 20th of January 2025 at the price of Rs. 178.74 with a decent volume and it is currently trading at Rs. 198, after the crossover the stock has moved 2.5 percent during the intraday trade.
Yasho Industries Ltd
Yasho Industries Ltd is an Indian chemical manufacturing company, primarily engaged in the production of specialty chemicals, resins, and polymers. It offers products used in diverse industries like coatings, adhesives, textiles, and plastics. The company focuses on providing high-quality solutions that meet international standards.
The golden crossover took place on 14th of January 2025 at the price of Rs. 1,898.93 with a decent volume and it is currently trading at Rs. 2,004 , after the crossover the stock has moved 3 percent from the date of the crossover.
Written by Sridhar J
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