LTP 87.90 EOD 15-10-2023 ... Developing a Bearish Butterfly pattern that will complete near 95 level, can be seen on chart 2 attached herewith, therefore it Looks a good Long candidate for Short-term Targets 93 to 95+
Natco Pharma, Jindal Saw among 10 stocks with RSI trending down
Dive into the world of stock market analysis as we unravel the significance of the Relative Strength Index (RSI) and its implications for 10 stocks showing a downtrend in RSI. ETMarkets explores why monitoring RSI is crucial for making informed investment choices.
CESC board okays issue of 30,000 NCDs to raise Rs 300 crore
The board of power utility company CESC on Wednesday approved the issuance of 30,000 non-convertible debentures on private placement basis to raise Rs 300 crore. "Committee of the board at its meeting held today,
Harshvardhan Dole on 4 stocks to go for in power sector
“The whole power story can be played in multiple ways. Either you own the traditional utilities or you end up owning these suppliers or the vendor base which initially benefit disproportionately out of the capex that the utilities are doing. Smart metering is one such way to play the whole power sector theme.”
Rain Industries, Symphony among 10 stocks with RSI trading down
The Relative Strength Index (RSI) is a vital tool for analyzing stock movement and identifying potential opportunities in the market. This article highlights 10 stocks that have experienced a decline in RSI, indicating a potential change in momentum. RSI values range from 0 to 100 and provide insights into whether a stock is overbought or oversold. A downward trend in RSI suggests that selling pressure may be increasing, which could lead to a price correction or temporary pullback. It is essential to conduct thorough research and seek personalized guidance from financial advisors before making investment decisions.