Golden Crossovers: These 2 infra stocks signal further bullishness

Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp


In the BSE list of stocks, two Infrastructure stocks with a market cap of over Rs 10,000 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 November 25, 2022. Take a look:

1.
CMP: Rs 249.9

50-day SMA: Rs 231.8

200-day SMA: Rs 231.37

ET CONTRIBUTORS

2. GMR Airports Infrastructure
CMP: Rs 40.7

50-day SMA: Rs 36.87

200-day SMA: Rs 36.86

GMR InfraET CONTRIBUTORS
Facebook
Twitter
LinkedIn
Pinterest
Pocket
WhatsApp

Never miss any important news. Subscribe to our newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *