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3 stocks showing RSI Trending Up on May 09

Updated at : 2024-05-10 10:30:01

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"RSI trending up" means that the Relative Strength Index (RSI) values are increasing, suggesting strengthening momentum in the price of the stock.

Nitin Raheja discusses market reactions to past elections, current nervousness, and potential investment strategies in various sectors amidst election uncertainties and market corrections.

Investors can verify the status of Winsol Engineering IPO allotment by accessing the official website of the registrar, which in this case is Kfin Technologies.

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The IPO, comprising a fresh equity issue of 14 lakh shares, garnered an astonishing overall subscription of over 600 times at closing. This overwhelming response was fueled by robust interest from non-retail investors.

Jai Bala advises caution in the market due to the potential break of critical support at 21,770, emphasizing the importance of monitoring specific bullish names and being ready to act accordingly.

Gold prices surged on Akshaya Tritiya, breaking the Rs 72,000 mark, while silver also saw gains. US data hinting at Fed rate cuts bolstered the precious metals market.

SRF shares up 1.09% as Nifty gains

Updated at : 2024-05-10 10:30:01

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A total of 6,208 shares changed hands on the counter till 10:05AM (IST).

The company aims to raise about Rs 14.5 crore through the SME IPO and list the shares on BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

Subramaniam suggests buying quality stocks during market dips caused by FII volatility. He highlights the importance of managing portfolio volatility, with opportunities in largecaps for short-term gains and small/midcaps for longer-term growth.

The Nifty Realty index was trading 0.06 per cent down at 938.9.

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