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 |
| – | Kirloskar Oil Engines Ltd |
| – | Aban Offshore Ltd |
| – | Honda Siel Power Products Ltd |
| – | Ramco Industries Ltd |
| – | Grindwell Norton Ltd |
| RSI OVERBOUGHT | RSI BEARISH |
| Indiabulls Ventures Ltd | JSW Holdings Ltd |
| Infibeam Avenues Ltd | ITC Ltd |
| Welspun Corp Ltd | Divis Laboratories Ltd |
| Pfizer Ltd | Garware Technical Fibres Ltd |
| RSI TRENDING DOWN | RSI OVERSOLD |
| Network 18 Media & Investment Ltd | TD Power Systems Ltd |
| Hotel Leela Venture Ltd | Castex Technologies Ltd |
| Prabhat Dairy Ltd | Amtek Auto Ltd |
| Bank Of Maharashtra | eClerx Services Ltd |
source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-22/
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