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 |
| BASF India Ltd | Star Cement Ltd |
| DB Corp Ltd | CRSIL Ltd |
| KEI Industries Ltd | Tata Global Bewerages Ltd |
| Bajaj Electricals Ltd | Glaxosmithkline Consumer Healtcare Ltd |
| Omaxe Ltd | The Indian Hotels Company Ltd |
| RSI Overbought | RSI Bearish |
| – | – |
| – | – |
| – | – |
| – | – |
| – | – |
| RSI Trending Down | RSI Oversold |
| Cipla Ltd | Central Bank Of India |
| Page Industries Ltd | Shipping Corporation Of India Ltd |
| Sonata Software Ltd | BGR Energy Systems Ltd |
| NMDC Ltd | Eros International Media Ltd |
| Ambuja Cements Ltd | KIPT Technologies Ltd |
source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-43/
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