EliteMasterTrader007

GOLDEN CROSSOVER

Education
NSE:PHILIPCARB   None
GOLDEN CROSSOVER:-
Golden crossover is a condition when on Daily Time frame "50 Moving Average" Crosses "200 Moving Average" from Down to UP.
this is a good BUY opportunity in many stocks.
So if you see "Golden Crossover" happening You may Take a LONG Posn.
When to Exit this LONG posn depends on your Risk Appetite - You may Exit as per RR ratio - or keeping 200 EMA as SL - or waiting for opposite to happen - or Exit as per different TF - or Exit with the help of some other indicator - or any other method you have deviced.

you may add my indicator to favorite and use it.

I am not a SEBI Registered Analyst. Please Correlate by yourself also on charts. This is for Educational and Paper Trading Purpose Only. Must Consult your financial advisor before Investing.

Hope this helps most people to take basic trade.
Happy Trading !

EliteMasterTrader007