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2 midcaps, 1 smallcap stock with up to 35% upside potential; check details

Midcaps Persistent Systems and ICRA alongwith smallcap Valiant Labs look technically strong on charts, following the formation of 'Golden Cross' on Wednesday.

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Persistent Systems, ICRA, Valiant Laboratories have witnessed a 'Golden Crossover' today, July 02. | Representational image

Rex Cano Mumbai

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Persistent Systems, ICRA and Valiant Laboratories have a common connection today, July 02, 2025. The first two are midcap stocks - Persistent Systems, ICRA, and the latter (Valiant Laboratories) a smallcap stock.  A common thread that runs through Persistent Systems, ICRA and Valiant Laboratories today, July 02 is the formation of 'Golden Cross' pattern on the daily technical charts. These stocks from the midcap and smallcap universe can surge up to 35 per cent, charts suggest.    The term 'Golden Crossover' or formation of 'Golden Cross' is used when the 50-Day Moving Average (50-DMA) of a particular