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 |
| Monsanto India Ltd | TV Today Network Ltd |
| Godrej Agrovet Ltd | Prabhat Diary Ltd |
| BSE Ltd | Century Enka Ltd |
| BGR Energy Systems Ltd | JSW Energy Ltd |
| MRF Ltd | Nikamal Ltd |
| RSI OVERBOUGHT | RSI BEARISH |
| Hikal Ltd | Marksans Pharma Ltd |
| Polyplex Corporation Ltd | Alembic Pharmaceuticals Ltd |
| Mcleod Russel India Ltd | Sical Logisitics Ltd |
| Dynamatic Technologies Ltd | – |
| Wipro Ltd | – |
| RSI TRENDING DOWN | RSI OVERSOLD |
| Elgi Equipments Ltd | TD Power Systems Ltd |
| FDC Ltd | Quess Corp Ltd |
| Birla Corporation Ltd | Unitech Ltd |
| Inox Leisure Ltd | eClerx Services Ltd |
| V-Mart Retail Ltd | Bharat Electronics Ltd |
source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-29/
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