On September 22, Friday, StockEdge identified 40 stocks that were trending up, and ETMarkets has selected 10 among them for a closer look. This article explores the importance of the Relative Strength Index (RSI), a key indicator, and delves into the 10 stocks with upward-trending RSIs.
On September 7, Thursday, StockEdge reported 30 stocks with rising RSI values, and ETMarkets has selected 10 promising stocks from that list. Discover the significance of RSI and gain insights into these trending stocks to make informed investment decisions.
Decline in oil prices from their highs, increased economic activity are tailwinds which logistics companies have been getting for the last two quarters. The third one, the festive season, is getting added at this point of time. While it is tough to make a guess on the oil prices, given the fact that despite the two self imposed cuts in oil production by Saudi Arabia, crude oil prices have still not seen any sustained uptrend. So the probability of a major headwind does not seem to be close by. The list of the logistic companies is based on upside estimated by the analysts, with the highest potential stock coming on the top of the list.
Mid-cap companies such as Kaynes Technologies, Astral, Sriram Finance, Star Health, Mold-Tek Packaging, Avalon Technologies, Bikaji Foods, and TCI Express are among the two dozen companies that have seen the highest number of management meetings with fund managers since August 1.