RSI - Relative Strength Index Indicator:
The Relative Strength Index (RSI) is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a...
Relative Strength of the stock Compared the Nifty 50 is moving above 0 line form couple of sessions on daily chart. ( RS Learning courtesy : Premal Parikh)
There is also a breakout of the downward channel on weekly chart.
Because of the lock down, as there are less domestic helpers at households, there is increase in demand for white goods which might result in...