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
Amtek Auto Ltd	Astec Lifesciences Ltd
Bombay Rayon Fashions Ltd	Triveni Turbine Ltd
Savita Oil Technologies Ltd	PI Industries Ltd
	Phoenix Mills Ltd
	Dynamatic Technologies

 

RSI OVERBOUGHT	RSI BEARISH
Wipro Ltd	Esab India Ltd
Capri Global Capital Ltd	Ingersoll-Rand (India) Ltd
Welspun Corp Ltd	Bosch Ltd
Hikal Ltd	UPL Ltd
Gillette India Ltd	Merck Ltd

 

RSI TRENDING DOWN	RSI OVERSOLD
Tata Elxsi Ltd	TD Power Systems Ltd
Rallis India Ltd	Godrej Agrovet Ltd
Shanthi Gear Ltd	Insecticides (India) Ltd
Subros Ltd	eClerx Services Ltd
PTC India Ltd	Asian Paints Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-27/