5 promising stocks with golden crossover for potential investors

ETMarkets has identified five companies with a market cap of over Rs 5,000 crore that present an intriguing opportunity for investors due to their Golden Crossover formation. The companies include Tata Elxsi, Indigo Paints, Asian Paints, Endurance Technologies, and Bajaj Finance. The Golden Crossover implies a crossover between the shorter-term moving average and the longer-term moving average, indicating a potential bullish trend for the stock. However, investors should evaluate other factors before making investment decisions and consider their individual investment goals, risk tolerance, and long-term strategy as the stock market involves risks.