Several NSE-listed mid-cap companies have recently shown a golden crossover, a bullish technical indicator where the 50-day Simple Moving Average (SMA) crosses above the 200-day SMA.
This could indicate a potential long-term uptrend. Here are a few examples:
- JSW Holdings (19,161): As of August 1, 2025, JSW Holdings had a golden crossover with its 50-day SMA at 23,520 and 200-day SMA at 16,920. This golden crossover suggests a strong uptrend.
- BSE (2,411): BSE also saw a golden crossover on August 1, 2025, with its 50-day SMA at 2,392 and 200-day SMA at 1,781.
- GRSE (2,581): GRSE experienced a golden crossover on August 1, 2025, with its 50-day SMA at 2,403 and 200-day SMA at 1,789, indicating a potential bullish trend.
- Bharat Dynamics (1,565): Bharat Dynamics had a golden crossover on August 1, 2025, with its 50-day SMA at 1,703 and 200-day SMA at 1,296.
- Solar Industries (13,807): Solar Industries formed a golden crossover on August 1, 2025, with its 50-day SMA at 14,448 and 200-day SMA at 11,282.
- Mazagon Dock Shipbuilders (2,722): Mazagon Dock Shipbuilders saw a golden crossover on August 1, 2025, with its 50-day SMA at 3,112 and 200-day SMA at 2,458.
Note: A golden crossover is a bullish signal, but it’s essential to consider other factors like the company’s fundamentals, industry trends, and overall market conditions before making any investment decisions.