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
eClerx Services Ltd	Jindal Stainless (Hisar) Ltd
Sanghvi Movers Ltd	Mercator Ltd
Navkar Corporation Ltd	KRBL Ltd
Yes Bank Ltd	Lumax Industries Ltd
MEP Infrastructure Developers Ltd	Wabco India Ltd

 

RSI OVERBOUGHT	RSI BEARISH
Wipro Ltd	Esab India Ltd
Polyplex Corporation Ltd	Mindtree Ltd
Mcleod Russel India Ltd	Welspun India Ltd
Capri Global Capital Ltd	Tech Mahindra Ltd
Hikal Ltd	Granules India Ltd

 

RSI TRENDING DOWN	RSI OVERSOLD
DLF Ltd	Jindal Worldwide Ltd
Reliance Capital Ltd	Vardhman Textiles Ltd
Dabur India Ltd	Insecticides Industries Ltd
SKF India Ltd	Videocon Industries Ltd
EIH Ltd	Monsanto India Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-31/