Tech Mahindra, SBI among 10 Nifty stocks with golden crossover pattern
The Golden Crossover is a popular technical analysis pattern that occurs when a stock’s short-term moving average (usually the 50-day) crosses above its long-term moving average (typically the 200-day). This event is seen as a bullish signal by traders and investors. It suggests that the stock’s recent performance is improving, and the trend is shifting in favor of the bulls.
