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
Supreme Petrochem Ltd	Sical Logistics Ltd
Apollo Tyres Ltd	Muthoot Finance Ltd
Asian Paints Ltd	Subros Ltd
Star Cement Ltd	Biocon Ltd
Puravankara Ltd	AIA Engineering Ltd

 

RSI OVERBOUGHT	RSI BEARISH
Welspun Corp Ltd	Aarti Drugs Ltd
Polyplex Corporation Ltd	Tata Consultancy Services Ltd
JSW Steel Ltd	Gillette India Ltd
Hikal Ltd	DCM Shriram Ltd
Wipro Ltd	Thyrocare Technologies Ltd

 

RSI TRENDING DOWN	RSI OVERSOLD
Ashok Leyland Ltd	DB Realty Ltd
CCL Products (India) Ltd	Precision Camshafts Ltd
Century Enka Ltd	Insecticides (India) Ltd
IFB Industries Ltd	Godrej Agrovet Ltd
Fortis Healthcare Ltd	Bharat Electronics Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-28/