Castrol India, Aurobindo Pharma among 10 stocks with RSI trending down
Explore the significance of the Relative Strength Index (RSI) in assessing stock movements as we delve into the top 10 stocks that witnessed a decline in their RSI. Discover how this crucial indicator can aid investors in making informed decisions.
Chart Check: 20% down from highs, this specialty chemical stock breaks out from falling trendline; time to buy?
The specialty chemical stock hit a 52-week high of Rs 294.85 on 12th September 2022 but it failed to hold on to the momentum. The stock closed at Rs 226 on 10 August 2023 which translates into a fall of 23%.
It appears that the stock initially experienced a decline, forming a lower low and lower high. However, it has since entered into a consolidation phase, trading within a range for the past few days. During this period, there have be......read more
RIL, Jubilant FoodWorks among 6 stocks that crossed 200-day SMA
Jubilant FoodWorks, Reliance Industries, ACC, and others emerged as key players in their respective sectors, reflecting their resilience and growth potential.
HDFC Securities is bullish on NOCIL has recommended buy rating on the stock with a target price of Rs 267 in its research report dated August 01, 2023.