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Reputation: 642,801  •  Aug 14, 2023 12:06 PM
Axis Bank, Bajaj Auto among 10 Nifty stocks with golden crossover pattern
Axis Bank, Bajaj Auto among 10 Nifty stocks with golden crossover pattern
The Golden Crossover is a technical analysis pattern that occurs when a shorter-term moving average crosses above a longer-term moving average. The two most commonly used moving averages for this pattern are the 50-day simple moving average (SMA) and the 200-day SMA. When the 50-day SMA crosses above the 200-day SMA, it is considered a bullish signal, suggesting a potential upward shift in the stock's price trend
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/news/...
#BAJFINANCE #CIPLA #BRITANNIA #ASIANPAINT #COALINDIA

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NSE:BAJFINANCE price when posted: 7,018.05