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The Nifty SmallCap index witnessed a 'Golden Crossover' on four occasions thus far in the past, with each resulting into a gain; historical chart shows a massive 110% rally post August 2020 breakout.
3 min read Last Updated : Jul 04 2025 | 10:42 AM IST
The NSE Nifty SmallCap 250 index today witnessed the formation of 'Golden Cross' on the daily chart, with its 50-Day Moving Average (50-DMA) crossing over the 200-DMA from below. On Friday, in intra-day deals, the 50-DMA quoted around 16,666 levels, while the long-term 200-DMA stood at 16,632.
The 'Golden Cross' formation also commonly-known as 'Golden Crossover' was seen today, following the 'Death Cross' formation on February 5, 2025.
CLICK HERE FOR THE CHART The term 'Golden Cross' means that the shorter-term moving average - the 50-DMA has now crossed over the 200-DMA. Whereas, as and when