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
Swan Energy Ltd	Bajaj Corp Ltd
Britannia Industries Ltd	Wabco India Ltd
HDFC Bank Ltd	Zee Learn Ltd
Indiabulls Housing Finance Ltd	Dabur India Ltd
Monsanto India Ltd	ITC Ltd

 

RSI OVERBOUGHT	RSI BEARISH
ABB India Ltd	Caplin Point Laboratories Ltd
NMDC Ltd	Aurobindo Pharma Ltd
Infibeam Avenues Ltd	Mindtree Ltd
Coffee Day Enterprises Ltd	Mcleod Russel India Ltd
Wipro Ltd	–

 

RSI TRENDING DOWN	RSI OVERSOLD
Coal India Ltd	Vardhman Textiles Ltd
Future Consumer Ltd	GIC Housing Finance Ltd
Trent Ltd	Unitech Ltd
CESC Ltd	Bharat Electronics LTd
Tata Motors Ltd	MRF Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-33/