Latest news with #GoldenCrossover
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Business Standard
5 days ago
- Business
- Business Standard
Bullish Bets: RIL, Dixon, 10 other stocks form 'Golden Cross'; check list
Technically, the Golden Cross formation is considered as a positive development for the stock. Here's a detailed list of 12 Nifty 500 stocks with Golden Cross formation on May 30, 2025. Listen to This Article Amid the on-going pullback in the market, with the broader Nifty 500 index seeing a 17.3 per cent rally from a low of 19,520 hit on April 7, several stocks too have managed to log smart gains. On Friday, while the benchmark Nifty 60 and the broader - Nifty 500 indices consolidated in trades, a total of 12 out of the Nifty 500 stocks, including Reliance Industries, witnessed formation of a 'Golden Cross' also commonly known as 'Golden Crossover' on the daily technical charts. Technically, Golden Crossover is considered as a positive development, as the short-term (50-Day) moving
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Business Standard
5 days ago
- Business
- Business Standard
MCX, Firstsource shares can zoom over 30%, hit new life-time highs: charts
Technical Alert: MCX and Firstsource Solutions stocks have witnessed formation of 'Golden Cross' on the daily chart; and hence are likely to log gains in the coming period. Rex Cano Mumbai Listen to This Article Shares of Multi Commodity Exchange of India (MCX) and Firstsource Solutions (FSL) were seen trading on a divergent note in trades on Friday, May 30, 2025 on the NSE. MCX stock was up nearly a per cent around ₹6,624 levels, while FSL share price slipped 3.5 per cent to ₹381 levels. Technical charts, however, flag a positive development for both MCX and FSL stocks. The daily charts show formation of the 'Golden Cross' pattern also commonly referred to as 'Golden Crossover'. The term 'Golden Cross' or 'Golden Crossover' means that the short-term - 50-Day Moving Average (50-DMA)
