Introduction

• The strategy we will be implementing today is called the Golden crossover and the Death crossover
• The golden cross is a positive crossover whereas a death cross is a negative crossover
• These crossovers involve a short-term moving average (50-day SMA) and a long-term moving average (200-day SMA)

Golden Cross

• The golden crossover is a bullish crossover
• A buy call is triggered in such a setup when the lower time period average (50-day SMA) crosses the higher time period average (200-day SMA) and moves higher
• Let’s look at an example in the chart below (PFC on a daily time frame)

Now that you know what a death crossover is, let’s look at a few opportunities in the LIVE market:

Death Cross

• The death crossover is a bearish crossover
• A sell call is triggered in such a setup when the higher time period average (200-day SMA) crosses the lower time period average (50-day SMA) and moves below
• Let’s look at an example in the chart below (Adani Green on a daily time frame)

Now that you know what a death crossover is, let’s look at a few opportunities in the LIVE market

Awesome, but what’s my takeaway?

• PFC, Lupin, Indiamart, Syngene & Dr. Lalpath Labs have given a buy call on a daily time frame (implementing Golden cross)
• Adani Green, ICICI Pru, Powergrid, Tata Elxsi & Bajaj Auto have given a sell call on a daily time frame (implementing Death cross)