Tag Archives: Relative Strength Index

Trends and Insights

RSI Radar: 12 Stocks Making Waves

The Relative Strength Index (RSI), a crucial momentum indicator, helps investors identify potential price reversals, and overbought or oversold conditions. It ranges from 0 to 100, with readings below 30 considered oversold and above 70, overbought. Here, we consider a 14-day RSI and highlight 12 stocks with noteworthy movements.

1. EPL Ltd.

Sector: Plastic Products

  • Current RSI: 64.84
  • Previous RSI: 48.88
  • Recent Close: $199.80
  • Change %: 10.17

2. UCO Bank

Sector: Banking

  • Current RSI: 58.90
  • Previous RSI: 43.87
  • Recent Close: $27.80
  • Change %: 5.70

3. Kalyan Jewellers India Ltd.

Sector: Diamond & Jewellery

  • Current RSI: 58.66
  • Previous RSI: 48.49
  • Recent Close: $108.70
  • Change %: 2.89

4. Tata Teleservices (Maharashtra) Ltd.

Sector: Telecom

  • Current RSI: 58.53
  • Previous RSI: 48.38
  • Recent Close: $63.75
  • Change %: 3.74

5. Aarti Drugs Ltd.

Sector: Healthcare

  • Current RSI: 57.73
  • Previous RSI: 47.53
  • Recent Close: $454.65
  • Change %: 4.09

6. Nocil Ltd.

Sector: Chemicals

  • Current RSI: 55.36
  • Previous RSI: 47.71
  • Recent Close: $225.80
  • Change %: 2.66

7. Colgate-Palmolive (India) Ltd.

Sector: Fast Moving Consumer Goods

  • Current RSI: 54.80
  • Previous RSI: 49.58
  • Recent Close: $1610.90
  • Change %: 1.22

8. Amara Raja Batteries Ltd.

Sector: Automobile & Ancillaries

  • Current RSI: 54.43
  • Previous RSI: 43.94
  • Recent Close: $621.45
  • Change %: 3.39

9. Fortis Healthcare Ltd.

Sector: Healthcare

  • Current RSI: 53.86
  • Previous RSI: 48.54
  • Recent Close: $278.85
  • Change %: 1.51

10. Zydus Lifesciences Ltd.

Sector: Healthcare

  • Current RSI: 53.63
  • Previous RSI: 44.59
  • Recent Close: $513.40
  • Change %: 2.21

11. Linde India Ltd.

Sector: Industrials Gases & Fuels

  • Current RSI: 53.31
  • Previous RSI: 48.87
  • Recent Close: $3994.30
  • Change %: 0.96

12. Gujarat Ambuja Exports Ltd.

Sector: Agriculture

  • Current RSI: 52.28
  • Previous RSI: 43.54
  • Recent Close: $252.25
  • Change %: 4.21

In conclusion, keep an eye on these stocks for potential trading opportunities. The RSI, like any other indicator, is not infallible and should be used in conjunction with other indicators and market data when making investment decisions. Always do your research and consider your financial position before investing in any stock.

(Please note that investment always comes with risk. Always do your research before making any investment decisions.)