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 |
| The Lakshmi Villas Bank Ltd | GMR Infrastructure Ltd |
| DB Reality Ltd | Shree Cement Ltd |
| Healthcare Global Enterprises Ltd | PNB Housing Finance Ltd |
| Vardhman Textiles Ltd | Dalmia Bharat Ltd |
| RSI OVERBOUGHT | RSI BEARISH |
| Indiabulls Ventures Ltd | Balakrishna Industries Ltd |
| JK Paper Ltd | Zensar Technologies Ltd |
| Sunteck Realty Ltd | VIP Industries Ltd |
| Pfizer Ltd |
| RSI TRENDING DOWN | RSI OVERSOLD |
| Zee Media Corporation Ltd | Videocon Industries Ltd |
| Piramal Enterprises Ltd | Asian Granito India Ltd |
| Den Networks Ltd | eClerx Services Ltd |
| SP Apparels Ltd | Bayer CropScience Ltd |
source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-16/
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