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
The Lakshmi Villas Bank Ltd	Prime Focus Ltd
Skipper Ltd	Elgi Equipments Ltd
Kajaria Ceramics Ltd	SH Kelkar & Co Ltd
Mahindra Holidays & Resorts India Ltd	Larsen & Toubro Ltd

 

RSI OVERBOUGHT	RSI BEARISH
Indiabulls Ventures Ltd	Rico Auto Industries Ltd
JK Paper Ltd	Axis Bank Ltd
Sunteck Realty Ltd	Bajaj Finance Ltd
Honeywell Automation India Ltd	L&T Technology Services Ltd

 

RSI TRENDING DOWN	RSI OVERSOLD
Minda Industries Ltd	Asian Granito India Ltd
Shemaroo Entertainment Ltd	India Power Corporation Ltd
Rane Holdings Ltd	eClerx Services Ltd
Orient Cements Ltd	BSE Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-17/