Stocks with Golden Crossover – Unlocking the hidden potential of your investments is a goal shared by every savvy investor. When it comes to maximizing returns, few strategies have proven as effective as the golden crossover. In this article, we will share a few stocks that crossed the Golden Cross over recently.
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What is Golden Crossover Stocks?
The golden crossover is a technical analysis pattern that occurs when a short-term moving average crosses above a long-term moving average. This event is seen as a bullish signal and often draws the attention of investors looking to capitalize on upward momentum. By leveraging this pattern, you can identify stocks with strong potential for growth and position yourself for impressive returns.
List of Stocks with Golden Crossover Last Week (Updated -09-09-2023)
| Stocks with Golden Crossover | Stock Symbol | Share Price at Golden Crossover stocks NSE | Date Updated |
|---|---|---|---|
| Nocil Limited | NOCIL | Rs 246 | 14-09-2023 |
| Tamilnadu Petroproducts Limited | TNPETRO | Rs 95.6 | 14-09-2023 |
| Dcw Limited | DCW | Rs 56 | 14-09-2023 |
| Indus Towers Ltd (Bharti Infratel) | INDUSTOWER | Rs 188 | 09-09-2023 |
| India Pesticides Ltd | IPL | Rs 293.4 | 09-09-2023 |
| DCM Shriram Limited | DCMSHRIRAM | Rs 996.25 | 09-09-2023 |
| PDS Ltd | PDSL | Rs 386.5 | 09-09-2023 |
| RHI Magnesita India Ltd | RHIM | Rs 724 | 06-09-2023 |
| Computer Age Management Services Ltd | CAMS | Rs 2413 | 06-09-2023 |
| Zee Entertainment Enterprises Limited | ZEEL | Rs 272 | 06-09-2023 |
Latent View Analytics Ltd | LATENTVIEW | Rs 401 | 06-09-2023 |
| Rashtriya Chem | RCF | Rs 118 | 06-09-2023 |
| Ipca Lab | IPCALAB | Rs 889 | 06-09-2023 |
| KRBL Limited | KRBL | Rs 420 | 06-09-2023 |
| Gujarat Ambuja Exports Limited | GAEL | Rs 287 | 06-09-2023 |
| Gujarat Narmada Valley Fertilizers And Chemicals Limited | GNFC | Rs 644 | 06-09-2023 |
| Ghcl Limited | GHCL | Rs 615 | 06-09-2023 |
| Nmdc Limited | NMDC | Rs 141 | 06-09-2023 |
| Wipro Limited | WIPRO | Rs 426 | 06-09-2023 |
| Jubilant Ingrevia Ltd | JUBLINGREA | Rs 510 | 06-09-2023 |
| Greaves Cotton Limited | GREAVESCOT | Rs 151 | 07-09-2023 |
| Knr Constructions Limited | KNRCON | Rs 272 | 07-09-2023 |
| Ttk Prestig Limited | TTKPRESTIG | Rs 811 | 07-09-2023 |
| Thirumalai Chemicals Limited | TIRUMALCHM | Rs 237 | 07-09-2023 |
| Ghcl Limited | GHCL | Rs 609 | 07-09-2023 |
Learn 4 Golden Crossover stocks formed on 15th Sept
Recent Successful Golden Crossover Stocks NSE
Wabag share price is given a golden crossover on the daily chart at the 300 level on 18th November 2023, which is eventually its previous swing high. Since then, the stock has given a return of over 50%. The stock was backed by strong fundamentals and tailwind with news flow related to its order book. Hence, Va Tech Wabag share price was passed both technical and fundamental analysis. That is reflecting on the outcome in the stock price movements.
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Things to Remember on Golden Crossover Stocks NSE
It is important to note that golden crossover alone does not help you to gain in the stock market. With this technical analysis, you also need to understand the fundamentals of the companies that you want to invest in.
Sometimes, the technical analysis gives the wrong signal, if the stock or the company is fundamentally sound, you do not have to worry about investing in that stock as a retail investor. For fundamental analysis of a company, read its annual reports, expert view of the stock, and recent news about the company before investing in it.
Usually, in a bull market, if a stock formed a golden crossover, it is a bullish signal for the stock to invest in. Along with this technical signal, look for the volume over the last week and RSI to confirm if it is the correct signal to invest in.
Hence, it is important to approach this strategy with caution and consider the risks and challenges involved.
The Bottom line Golden Crossover Stocks NSE
To successfully invest in golden crossover stocks in India, it’s essential to understand the nuances of the pattern, analyze historical performance, and consider key factors such as market conditions and stock fundamentals.
By combining technical analysis with sound investment strategies, you can maximize your returns and unleash the hidden potential of your investment portfolio.
So, join us as we dive into the world of golden crossover stocks NSE and discover just how much-untapped potential lies within this powerful investment strategy. Start harnessing the power of the golden crossover and take your investments to new heights.
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Trading stocks involves risks, and individuals should consult with a qualified financial advisor before making any investment decisions.
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[…] Spotting Golden Cross stock opportunities is a valuable skill for traders and investors. It provides a clear and easily recognizable signal of a potential uptrend. However, it’s crucial to remember that no indicator is foolproof, and risk management should always be a priority. Use the Golden Cross as a tool in spotting Golden Cross stock in your trading arsenal, but combine it with other forms of analysis for a well-rounded approach to trading and investing. […]