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The Relative Strength Index (RSI) provides valuable insights into a stock s momentum and potential price movements. ETMarkets selected 10 stocks from a list of 38 reported by StockEdge on July 31st that have shown notable RSI uptrends. ....
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Stocks that have closed below their 200-day Simple Moving Average (SMA) can indicate a possible change in market sentiment and offer entry points for value investors. Companies such as Ambuja Cements, Whirlpool of India, and Coal India show potential long-term growth prospects despite closing below the 200-day SMA, while caution should be exercised when considering Vodafone Idea and Greenpanel Industries as investment options. Additional research and analysis of financials and industry trends are advised before making any investment decisions based on this trend. ....
Indian shares advanced on Thursday, in tandem with their Asian peers, amid indications that the United States was close to a deal to raise its debt ceiling. The Nifty 50 was up 0.33% at. | May 18, 2023 ....