Monday, 8 October 2018

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
Gateway Distriparks Ltd Balrampur Chini Mills Ltd
City Union Bank Ltd Rajesh Exports Ltd
Asian Paints Ltd Apollo Hospitals Enterprises Ltd
GAIL (India) Ltd
Oil India Ltd

 

RSI Overbought RSI Bearish

 

RSI Trending Down RSI Oversold
Aurobindo Pharma Ltd Central Bank Of India
Wipro Ltd Greenply Industries Ltd
Infosys Ltd JM Financial Ltd
Tata Consultancy Services Ltd IIFL Holdings Ltd
Hindalco Industries Ltd Reliance Capital Ltd


source https://gale.in/technical-bullish-trend-up-over-bought-over-sold-48/

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