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
Cochin Shipyard Ltd	Sanofi India Ltd
KNR Construction Ltd	Asahi India Glass Ltd
IIFL Holdings Ltd	Phoenix Mills Ltd
HDFC Bank Ltd	Indian Oil Corporation Ltd
Minda Industries Ltd	JK Cements Ltd

 

RSI Overbought	RSI Bearish
DCM Shriram Ltd	Coffee Day Enterprises Ltd
Wipro Ltd	JSW Steel Ltd
Rajesh Exports Ltd	Sonata Software Ltd
Bajaj Hindusthan Sugar Ltd	–
ABB India Ltd	–

 

RSI Trending Down	RSI Oversold
Torrent Pharmaceuticals Ltd	Central Bank Of India
Larsen & Toubro Ltd	Force Motors Ltd
Honeywell Automation India Ltd	Escorts Ltd
Mindtree Ltd	Bharat Electronics Ltd
Inox Wind Ltd	Yes Bank Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-38/