HDFC Bank, Tata Power among 10 stocks with RSI trending up

economictimes.indiatimes.com:

When the RSI is above 70, it is considered overbought, indicating that the stock may be due for a correction or price pullback. Conversely, when the RSI is below 30, it is considered oversold, suggesting that the stock may be undervalued and due for a potential rebound. RSI values between 30 and 70 are considered neutral, indicating a balanced market sentiment.

On July 17, Monday, StockEdge reported over three dozen stocks with RSI trending up, and ETMarkets has carefully handpicked 10 stocks from that pack that are showing promising signs.10 Trending Stocks with Rising RSI 1) Sterling and Wilson Renewable Energy Ltd. (RSI: 72.52, Prev. RSI: 43.7) 2) Vaibhav Global Ltd.

(RSI: 71.51, Prev. RSI: 44.46) 3) Indiabulls Real Estate Ltd. (RSI: 69.23, Prev.

RSI: 48.4) 4) Pfizer Ltd. (RSI: 59.11, Prev. RSI: 46.17) 5) HDFC Bank Ltd.

(RSI: 57.82, Prev. RSI: 48.66) 6) Sheela Foam Ltd. (RSI: 57.4, Prev.

RSI: 43.18) 7) Glaxosmithkline Pharmaceuticals Ltd. (RSI: 57.38, Prev. RSI: 46.56) 8) JK Cement Ltd.

(RSI: 57.18, Prev. RSI: 48.13) 9) Vodafone Idea Ltd. (RSI: 56.71, Prev.

RSI: 48.45) 10) Tata Power Company Ltd. (RSI: 54.32, Prev. RSI: 49.97) (Disclaimer: This is an AI generated article.