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
The Lakshmi Villas Bank Ltd	Tejas Networks Ltd
The New India Assurance Co. Ltd	Cyient Ltd
Kesoram Industries Ltd	Ambuja Cements Ltd
Fortis Healthcare Ltd	Page Industries Ltd
Godrej Consumer Products Ltd	Bajaj Auto Ltd

 

RSI Overbought	RSI Bearish
–	Rajesh Exports Ltd
–	–
–	–
–	–
–	–

 

RSI Trending Down	RSI Oversold
ACC Ltd	Central Bank Of India
Tata Global Beverages Ltd	Shipping Corporation Of India Ltd
Sun Pharmaceuticals Industries Ltd	BGR Energy Systems Ltd
Eris Lifesciences Ltd	Blue Dart Express Ltd
Den Networks Ltd	Yes Bank Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-42/