Wednesday, 26 September 2018

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.

Thermax Ltd RSI Trending up
Magma Fincorp Ltd NMDC Ltd
DCB Bank Ltd UPL Ltd
Bharat Electronics Ltd AIA Engineering Ltd
Reliance Home Finance Ltd Jubilant Life Science Ltd
Orient Cement Ltd Asahi India Glass Ltd

 

RSI Overbought RSI Bearish
Rajesh Exports Ltd DCM Shriram Ltd
Tata Consultancy Services Ltd
HCL Technologies Ltd
Wipro Ltd

 

RSI Trending Down RSI Oversold
Sanofi India Ltd Central Bank Of India
Shree Renuka Sugars Ltd Shipping Corporation Of India Ltd
Bajaj Auto Ltd BGR Energy Systems Ltd
Dena Bank Blue Dart Express Ltd
Balrampur Chini Mills Ltd Yes Bank Ltd


source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-41/

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