7 Nifty 500 Stocks with Golden Crossovers to Watch Out For
Explore seven Nifty 500 stocks, including Reliance and Adani Energy, that have recently experienced a golden crossover, indicating potential upward momentum in their stock prices.
Golden CrossoverStock MarketNifty 500InvestmentTechnical AnalysisReal EstateJun 02, 2025
### 1. Reliance Industries Limited
Reliance Industries Limited was founded by Dhirubhai Ambani in 1958 and is one of India’s largest and most diversified companies. Headquartered in Mumbai, Reliance operates in various sectors, including petrochemicals, refining, oil and gas, retail, and telecommunications. The company is renowned for its rapid growth, innovation, and significant impact on India’s economy.
The golden crossover for Reliance Industries took place on May 29, 2025, at a price of Rs. 1,330.56 with decent volumes of 13.77 million shares. The stock closed at Rs. 1,420.90 in Friday’s session, reflecting a 0.22 percent increase in the intraday trade.
### 2. Valor Estate Limited (Formerly DB Realty Limited)
Valor Estate Limited, established in 2007 and formerly known as DB Realty Limited, is a major real estate developer based in Mumbai. The company is involved in the development of residential, commercial, retail, and hospitality projects, with a portfolio of over 100 million sq. ft. across 35 projects, primarily in and around Mumbai.
The golden crossover for Valor Estate Limited occurred on May 29, 2025, at a price of Rs. 170.48 with low volumes of 1.11 million shares. The stock closed at Rs. 192.62 in Friday’s session, reflecting a 1.43 percent increase in the intraday trade.
### 3. Adani Energy Solutions Limited
Adani Energy Solutions Limited was established in 2013 and is part of the Adani Group, headquartered in Ahmedabad. The company is one of India’s largest private power transmission and distribution firms, operating a vast network across multiple states. It also provides smart metering and cooling solutions and serves millions of consumers in Mumbai and Mundra.
The golden crossover for Adani Energy Solutions took place on May 29, 2025, at a price of Rs. 873.17 with decent volumes of 2.05 million shares. The stock closed at Rs. 867.20 in Friday’s session, reflecting a 1.56 percent decrease in the intraday trade.
### 4. NHPC Limited
NHPC Limited was established in 1975 and is headquartered in Faridabad. The company is a government-owned entity focused on developing and operating hydroelectric power projects across India. NHPC is one of the country’s leading hydropower producers and is also expanding into solar and other renewable energy sources.
The golden crossover for NHPC Limited occurred on May 29, 2025, at a price of Rs. 84.41 with low volumes of 8.77 million shares. The stock closed at Rs. 87.41 in Friday’s session, reflecting a 0.38 percent increase in the intraday trade.
### 5. Balrampur Chini Mills Limited
Balrampur Chini Mills Limited was established in 1975 and is headquartered in Kolkata. The company is one of India’s largest sugar manufacturing companies. It produces sugar, ethanol, alcohol, and renewable energy. The company has diversified from sugar into distilleries and power generation, making it a leading agri-based energy company in the country.
The golden crossover for Balrampur Chini Mills took place on May 28, 2025, at a price of Rs. 548.27 with decent volumes of 738.99 K shares. The stock closed at Rs. 590.30 in Friday’s session, reflecting a 0.88 percent increase in the intraday trade.
### 6. MRF Limited
MRF Limited was established in 1946 by K. M. Mammen Mappillai in Chennai and is India’s largest tyre manufacturer and a global leader in the tyre industry. The company produces tyres for cars, trucks, two-wheelers, and aircraft, and also makes conveyor belts, paints, and toys, exporting to over 90 countries.
The golden crossover for MRF Limited occurred on May 27, 2025, at a price of Rs. 125,626.73 with decent volumes of 9.95 K shares. The stock closed at Rs. 138,865 in Friday’s session, reflecting a 1.45 percent decrease in the intraday trade.
### 7. United Spirits Limited
United Spirits Limited was founded in 1826 as McDowell & Company and is headquartered in Bangalore. The company is India’s largest alcoholic beverages company and a subsidiary of Diageo. It produces and sells whisky, rum, vodka, gin, and other spirits under popular brands like McDowell’s No.1, Royal Challenge, and Black Dog.
The golden crossover for United Spirits Limited took place on May 27, 2025, at a price of Rs. 548.27 with decent volumes of 738.99 K shares. The stock closed at Rs. 590.30 in Friday’s session, reflecting a 0.88 percent increase in the intraday trade.
These stocks, having experienced a golden crossover, are showing potential for upward momentum. Investors should monitor these stocks closely and consider them for their portfolios, keeping in mind the broader market trends and individual company fundamentals.
Frequently Asked Questions
What is a golden crossover?
A golden crossover is a technical indicator in the stock market where the short-term moving average (usually 50-day) crosses above the long-term moving average (usually 200-day). This is often seen as a bullish signal, indicating that the stock price may rise.
Why is the golden crossover important for investors?
The golden crossover is important because it can indicate a shift in the stock's trend from bearish to bullish. Investors often use this signal to identify potential buying opportunities and to make informed investment decisions.
How reliable is the golden crossover as a trading signal?
The golden crossover is generally considered a reliable trading signal, but it is not foolproof. It should be used in conjunction with other technical and fundamental analysis to make well-informed investment decisions.
What are some other Nifty 500 stocks to watch out for?
Apart from the stocks mentioned, investors should also keep an eye on other Nifty 500 stocks that are showing strong fundamentals and technical indicators. Some notable ones include HDFC Bank,Infosys, and TCS.
How can I track the performance of these stocks?
You can track the performance of these stocks by using financial news websites, stock market apps, and investment platforms. Regularly monitoring their price movements, volume, and technical indicators can help you stay informed and make timely decisions.
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