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
HEG Ltd	Adani Power Ltd
Bajaj Finserv Ltd	HEG Ltd
Bajaj Finance Ltd	Tejas Networks Ltd
Just Dial Ltd	PVR Ltd
TVS Motors Company Ltd	Linde India Ltd

 

RSI Overbought	RSI Bearish
NLC Ltd	–
–	–
–	–
–	–
–	–

 

RSI Trending Down	RSI Oversold
Wipro Ltd	Central Bank Of India
–	Indiabulls Ventures Ltd
–	Swan Energy Ltd
–	Blue Dart Express Ltd
–	Timken India Ltd

source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-50/