Wednesday, 15 August 2018

TECHNICAL BULLISH & BEARISH; TREND UP & TREND DOWN; OVER BOUGHT & OVER SOLD

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
Future Retail Ltd Karur Vysa Bank Ltd
Apar Industries Ltd VA Tech Wagbag Ltd
DB Reality  Ltd Yes Bank Ltd
Mcleod Russel India Ltd Divis Laboratories Ltd

 

RSI OVERBOUGHT RSI BEARISH
Indiabulls Ventures Ltd EIH Ltd
Vinati Organics Ltd Polyplex Corporation Ltd
Sanofi India Ltd Crompton Greaves Consumer Electricals Ltd
JK Paper Ltd Merck Ltd

 

RSI TRENDING DOWN RSI OVERSOLD
Bharat Rasayan Ltd Asian Granito India Ltd
Asian Paints Ltd India Power Corporation Ltd
Lumax India Ltd Skipper Ltd
Bharat Heavy Electricals Ltd Videocon Industries Ltd


source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-14/

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