In this article, we dive into the significance of RSI in assessing stock movements, offering insights into a recent trend report. Highlighting the importance of RSI-based decision-making, we explore ten stocks that have experienced an RSI trending up, potentially shaping investment strategies.
August 10, 2023, saw a notable market development as several mid and large cap stocks surged above their 20 Simple Moving Averages (20 SMA), signaling a positive momentum shift and showcasing growth potential within this segment.
Bata: The company s consolidated profit fell 10.5% to 1.07 billion Indian rupees ($12.92 million) in the April-June quarter, while revenue from operations increased just 1.6% to 9.58 billion rupees.
Footwear maker Bata India reported its first drop in profit in eight quarters on Wednesday, as soft demand dragged its revenue growth to a nine-quarter low..
The company s consolidated profit fell 10.5 per cent to Rs 107 crore in the April-June quarter, while revenue from operations increased just 1.6 per cent to Rs 958 crore, , bata