Golden Crossover: Tech Mahindra and 3 other Nifty 500 stocks signalling potential upward momentum
Alex Smith
1 month ago
Synopsis: Gravita India, Tech Mahindra, Birlasoft, and United Spirits Limited are exhibiting golden crossover patterns, signalling potential bullish trends, recent price strength, and the possibility of continued upward momentum.
A golden crossover is a bullish technical indicator signalling a potential uptrend. It occurs when a short-term moving average rises above a long-term average, indicating strengthening momentum and growing investor confidence.
A golden crossover occurs when a stock’s 50-day moving average crosses above its 200-day moving average. This signals strengthening short-term momentum relative to the long-term trend and is widely viewed as a bullish sign, often attracting increased investor interest and buying.
Here are a few stocks with a golden crossover
Gravita India Limited
Gravita India Limited was originally incorporated as Weldtech Private Limited in 1992 in Jaipur, Rajasthan, and leads in recycling. It processes lead battery scrap into lead alloys, plastic scrap into polypropylene granules, and aluminium scrap, with operations in Asia, Africa, and Europe, offering turnkey solutions and EPR services for sustainability.
The golden crossover took place on January 01, 2026, at a price of Rs. 1,771.89 with decent volumes of 90.39 K shares. The stock is currently trading at Rs. 1,857.05 in Monday’s session, reflecting a 0.58 percent decrease in the intraday trade.
Tech Mahindra Limited
Tech Mahindra Limited was formed in 1986 as a joint venture between Mahindra & Mahindra and British Telecom and provides IT services and consulting. It offers digital transformation, cloud, AI, cybersecurity, 5G, and engineering solutions to clients in telecom, banking, healthcare, and manufacturing globally from its Pune headquarters.
The golden crossover took place on January 01, 2026, at a price of Rs. 1,512.27 with decent volumes of 565.88 K shares. The stock is currently trading at Rs. 1,597.40 in Monday’s session, reflecting a 0.57 percent decrease in the intraday trade.
Birlasoft Limited
Birlasoft Limited was established in 1990 as part of the CK Birla Group and delivers IT services and digital solutions. It specializes in cloud, AI, data analytics, automation, blockchain for banking, insurance, manufacturing, life sciences, energy sectors, enhancing customer experience and operations worldwide.
The golden crossover took place on December 26, 2025, at a price of Rs. 396.57 with decent volumes of 806.25 K shares. The stock is currently trading at Rs. 434.35 in Monday’s session, reflecting a 0.57 percent increase in the intraday trade.
United Spirits Limited
United Spirits Limited traces its roots to McDowell & Company, founded in 1826 in Chennai and acquired by UB Group in 1951, and is India’s largest spirits maker. It produces brands like McDowell’s No.1, Royal Challenge whisky, Signature, and Smirnoff vodka, focusing on premiumisation and exports.
The golden crossover took place on December 23, 2025, at a price of Rs. 1,411.78 with decent volumes of 386.35 K shares. The stock is currently trading at Rs. 1,377.80 in Monday’s session, reflecting a 0.25 percent decrease in the intraday trade.
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