Tuesday 30 March 2021

Key indicator hints at midcaps’ strength

The golden cross appears on a chart when a stock’s short-term moving average crosses above its long-term moving average. Historically since the advent of Nifty Midcap 100 in January 2001, the index has seen a golden crossover on weekly charts only on two instances. The first time was in January 2010 and the second time in May 2014.

from Stocks-Markets-Economic Times https://ift.tt/2PLBDcN

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