Bharat Electronics among 3 stocks showing RSI Trending Up on February 15
It is an uptrend signal if the RSI value has crossed above 50 from below.
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It is an uptrend signal if the RSI value has crossed above 50 from below.
At 1325 hours on Friday, HAL's scrip was trading 2% higher at Rs 3,086 while BEL's scrip on BSE was also trading 2% higher at Rs 189.85
The stock quoted a 52-week high price of Rs 196.25 and a 52-week low of Rs 89.68.
PSU shares: SBI, BPCL, Bank of Baroda, ONGC, IOCL and Bharat Electronics have seen a decrease in positioning over the last few years. They can see resumption in buying interest, Elara said.
Karur Vysya Bank has taken a support at 50-day EMA for second straight session. The stock fell 16 percent from its all-time high before showing the current recovery. It has formed long bullish candlestick pattern on the daily charts.