5 largecaps give bullish signal as RSI trends higher
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Trend Tracker
RSI, or the relative strength index, computes the ratio of the recent upward traction in the stock price movement relative to its absolute price movement. The RSI value ranges between 0 and 100. An RSI above 50 is a bullish indicator. The data takes into consideration the time period of 14 days to compute RSI. (Source: StockEdge)
iStock
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BPCL
RSI as of June 12: 60.1 | Previous RSI: 49.49 | Last closing price: Rs 371.65 | Change: 3.4%
ETMarkets.com
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HCL Technologies
RSI as of June 12: 59.55 | Previous RSI: 49.19 | Last closing price: Rs 1959.05| Change: 2.7%
ETMarkets.com
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Bosch
RSI as of June 12: 53.73 | Previous RSI: 47.7 | Last closing price: Rs 18,994.8| Change: 1.3%
ETMarkets.com
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Grasim Industries
RSI as of June 12: 52.61 | Previous RSI: 48.95 | Last closing price: Rs 1731.4| Change: 0.9%
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Hindalco
RSI as of June 12: 50.18 | Previous RSI: 48.9 | Last closing price: Rs 416.8| Change: 0.4%
