In this article, we delve into the significance of the Relative Strength Index (RSI) in stock trading and explore the top 10 stocks, identified by ETMarkets, which witnessed a downward trend in RSI on July 28, Friday
RSI is a popular momentum oscillator that measures the speed and change of price movements. It oscillates between 0 and 100 and is typically used to identify overbought and oversold conditions in a stock
Doji and Near Doji patterns play a key role in technical analysis by indicating market indecision and potential reversals or trend changes. Recent stocks exhibiting these patterns include Galaxy Surfactants, Five-Star Business Finance, Affle (India), One97 Communications, Endurance Technologies, RHI Magnesita India, Global Health, Adani Transmission, and Lloyds Metals & Energy. Investors should also consider other technical indicators, trend analysis, and market conditions before making investment decisions. Seeking advice from financial professionals or experts is recommended.
The Registrar of Companies (RoC), Mumbai region, has filed over 100 cases against errant companies in the past, for their failure to comply with CSR provisions, at designated special courts in Mumbai.