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 |
| Kalpataru Power Transmission Ltd | Dena Bank |
| – | UCO Bank |
| – | Corporation Bank |
| – | Indian Overseas Bank |
| – | Jyothy Laboratories Ltd |
| RSI Overbought | RSI Bearish |
| DCM Shriram Ltd | JSW Steel Ltd |
| Wipro Ltd | Praj Industries Ltd |
| KIOCL Ltd | Monsanto India Ltd |
| Dena Bank | Oracle Financial Services Software Ltd |
| ABB India Ltd | Shree Renuka Sugars Ltd |
| RSI Trending Down | RSI Oversold |
| SKF India Ltd | Blue Dart Express Ltd |
| Wockhardt Ltd | HDFC Standard Life Insurance Co Ltd |
| Redington (India) Ltd | Bharat Electronics Ltd |
| PI Industries Ltd | Unitech Ltd |
| Linde India Ltd | Bank Of Baroda |
source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-36/
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