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Reputation: 642,681  •  Jul 13, 2023 11:46 PM
Aarti Drugs, Alembic Pharmaceuticals among 10 stocks with Golden Crossover pattern. Know what it signifies?
Aarti Drugs, Alembic Pharmaceuticals among 10 stocks with Golden Crossover pattern. Know what it signifies?
The Golden Crossover is a bullish technical pattern that occurs when a shorter-term moving average (such as the 50-day Simple Moving Average or SMA) crosses above a longer-term moving average (such as the 200-day SMA). This event indicates a potential shift in momentum from bearish to bullish, suggesting an upward trend in stock prices. The crossover is considered "golden" due to its positive implications for investors
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/news/...
#AJANTPHARM #ABB #AIAENG #APLLTD #ABCAPITAL

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NSE:AJANTPHARM price when posted: 1,411.15