Golden Crossovers: Rossell India among 6 stocks signaling further bullishness

Ritesh Presswala, ETMarkets.com

Jun 27, 2024

Bullish Signals

In the NSE list of stocks, six stocks with a market cap of over Rs 1000 crore are witnessing Golden Crossovers, according to stockedge.com's technical scan data. Golden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. These stocks' 50-day simple moving averages (SMA) crossed their 200-day SMAs on June 26.

Image Source: ETMarkets.com

Agarwal Industrial Corporation

CMP: Rs 1188.3 | 50-Day SMA: Rs 941.28 | 200-Day SMA: Rs 937.46

Image Source: ETMarkets.com

Magadh Sugar & Energy

CMP: Rs 782.9 | 50-Day SMA: Rs 667.01 | 200-Day SMA: Rs 664.3

Image Source: ETMarkets.com

Neogen Chemicals

CMP: Rs 1684.8 | 50-Day SMA: Rs 1500.73 | 200-Day SMA: Rs 1495.39

Image Source: ETMarkets.com

Hexa Tradex

CMP: Rs 190.32 | 50-Day SMA: Rs 151.77 | 200-Day SMA: Rs 151.28

Image Source: ETMarkets.com

Rossell India

CMP: Rs 554.4 | 50-Day SMA: Rs 456.43 | 200-Day SMA: Rs 455.26

Image Source: ETMarkets.com

V.S.T. Tillers Tractors

CMP: Rs 4258.25 | 50-Day SMA: Rs 3549.52 | 200-Day SMA: Rs 3543.27

Image Source: ETMarkets.com

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