Lupin, Motherson Sumi show positive momentum ahead of Budget, suggests MACD

MACD crossing above MACD baseline means a positive trend will emerge for the stock/index going ahead.

Moving Average Convergence Divergence (MACD) is a trend following indicator calculated by subtracting two exponential moving averages. The 26-period exponential moving average (EMA) is subtracted from 12-period EMA and to make things simpler, a 9-day EMA is plotted on MACD to identify buy and sell triggers. This EMA is known as a signal line.
 
An “MACD baseline” also known as zero line is plotted. This is none other than the difference/ distance between MACD and signal line, which is formally known as Histogram. When MACD is above the signal line, histogram will be above the MACD baseline and vice versa. Such indications help to determine the positive or negative momentum. Furthermore, when MACD falls below MACD baseline, it means trend for the scrip/index has weakened. Similarly, MACD crossing above MACD baseline means a positive trend will emerge going ahead.  
 
Here is the list of stocks that shows MACD has crossed the zero line

MACD crossing MACD baseline (Source : spidersoftware)