The relative strength index (RSI) is at 33.1. RSI below 30 is considered oversold and above 70 is considered overbought, Trendlyne data showed. MACD is below its signal and center line, this is a strong bearish indicator.
From a technical standpoint, the previous week has created a gap. In the process, the index has shifted its support zones higher in the range
Even as the S&P BSE Sensex hit a new lifetime high of 69,893.8 and ended with weekly gains of over 2%, the broader BSE500 had
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