INDIA, Dec. 3 -- A golden crossover is a popular bullish indicator in the stock market, suggesting the start of an upward trend. It happens when a short-term moving average rises above a long-term moving average, showing improving momentum and increasing confidence in the stock's price direction.

This pattern forms when the 50-day moving average rises above the 200-day moving average. The 50-day average shows the short-term trend, while the 200-day average represents the long-term direction. When these two lines cross, it is viewed as a bullish sign, indicating the stock may keep moving upward. This signal often attracts more investor interest and can lead to increased buying.

Lupin Limited Lupin Limited was established in 1968 and is e...