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
