Stocks are termed TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD based on RSI Oscillator.
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30.
| RSI Bullish | RSI Trending up |
| Firstsource Solutions Ltd | Apollo Hospitals Enterprise Ltd |
| GAIL (India) Ltd | |
| Fortis Healthcare Ltd | |
| Sonata Software Ltd |
| RSI Bearish | RSI Trending Down |
| Welspun India Ltd | Yes Bank Ltd |
| ICICI Bank Ltd | GVK Power & Infrastructure Ltd |
| Exide Industries Ltd | Ansal Properties & Infrastructures Ltd |
| Adani Enterprises Ltd | Equitas Holdings Ltd |
| RSI Overbought | RSI Oversold |
| Indiabulls Ventures Ltd | Skipper LKtd |
| Vinati Organics Ltd | Apar Industries Ltd |
| Sanofi India Ltd | Videocon Industries Ltd |
| Honeywell Automation India Ltd | India Power Corporation Ltd |
source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-12/
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