Rush Street Interactive, Inc. (NYSE:RSI – Get Free Report) CEO Richard Todd Schwartz sold 101,951 shares of Rush Street Interactive stock in a transaction on Monday, April 1st. The shares were sold at an average price of $6.78, for a total transaction of $691,227.78. Following the completion of the sale, the chief executive officer now […]
Nifty 50 ends 0.4% higher at 22515 points, facing potential bearish reversal. On the daily chart, the index has formed a hanging man pattern, indicating a potential bearish reversal in the short term, said Rupak De, senior technical analyst at LKP Securities.
The short-term trend of Nifty is positive. Though it is placed at the crucial overhead resistance around 22,500 levels, there is no confirmation of any reversal pattern unfolding at the highs.
Jyothy Labs, after a 20% fall, aims for a Rs 500 target. With RSI at 50.1, a positive divergence hints at further rise. Traders could buy at Rs 448-453 with a stop-loss at Rs 425.