Top smallcap stocks witnessing golden crossover
Last Updated: 7th March 2022 - 01:34 pm
Markets have been tumbling globally, however, some stocks are showing signs of a trend reversal. In this article, we have listed the top small-cap stocks witnessing golden crossover.
Today, the benchmark indices started to trade with deep cuts amid the brent crude trading over USD 130 per barrel and global market sell-off. In early trades, BSE Sensex extended its losses and drowned close to 1,700 points, breaching its psychological level of 53,000. Whereas in the case of Nifty50, it was trading 450 points lower at 15,780.
The trades on National Stock Exchange (NSE) are seen to be stuck along with the levels of Nifty 50. Several traders have reported regarding the NSE data feed irregularities in many cities. Having said that, the losses were spread across the broader markets with the BSE Mid-Cap index and BSE Small-Cap index skidding around 3% each. As the markets react to the global cues, stock-specific action is recommended.
Therefore, in this article, we would be listing the top 10 smallcap stocks that witnessed golden crossover. A golden crossover occurs when a short-term moving average crosses over a significant long-term moving average. When a 50-Day Moving Average (DMA) crosses a 200-Day Moving Average (DMA) from below it is referred to as golden crossover.
Top S&P BSE Small-Cap Stocks with Golden Crossover |
|||||
Stocks |
Last Traded Price (Rs) |
Change (%) |
SMA 50 |
SMA 200 |
Crossover Date |
JK Paper Ltd. |
223.4 |
-2.1 |
219.8 |
219.5 |
Mar 03, 2022 |
MMTC Ltd. |
44.9 |
-1.4 |
48.4 |
48.0 |
Feb 28, 2022 |
Hindustan Foods Ltd. |
1,806.5 |
-3.7 |
1,983.6 |
1,975.1 |
Feb 17, 2022 |
Texmaco Infrastructure Holdings Ltd. |
57.8 |
-3.3 |
63.9 |
62.4 |
Feb 15, 2022 |
Shanthi Gears Ltd. |
179.5 |
-1.5 |
168.5 |
161.8 |
Feb 14, 2022 |
Balaji Telefilms Ltd. |
74.1 |
3.6 |
68.4 |
65.5 |
Feb 11, 2022 |
Rane (Madras) Ltd. |
327.1 |
-1.0 |
384.0 |
380.1 |
Feb 11, 2022 |
Himadri Speciality Chemical Ltd. |
55.0 |
-2.0 |
54.3 |
51.6 |
Feb 10, 2022 |
Zuari Agro Chemicals Ltd. |
119.8 |
0.4 |
124.6 |
122.1 |
Feb 10, 2022 |
Intellect Design Arena Ltd. |
676.1 |
-0.4 |
713.0 |
704.0 |
Feb 07, 2022 |
- Flat ₹20 Brokerage
- Next-gen Trading
- Advance Charting
- Actionable Ideas
Trending on 5paisa
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.