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Reputation: 642,713  •  Jul 5, 2023 2:46 PM
Asian Paints, Ashok Leyland among 10 stocks in overbought zone
Asian Paints, Ashok Leyland among 10 stocks in overbought zone
The RSI is a valuable technical indicator that measures the strength and momentum of a stock's price movement. Ranging from 0 to 100, an RSI value above 70 indicates an overbought condition, suggesting that the stock may be due for a potential price correction. Conversely, an RSI value below 30 indicates an oversold condition, indicating a possible rebound in price. Assessing stock movement based on RSI trends is important because it helps investors identify potential turning points and make informed decisions
The Economic Times

https://economictimes.indiatimes.com/markets/stocks/news/...
#ABB #ASHOKLEY #TATAMOTORS #SAREGAMA #SBILIFE

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NSE:ABB price when posted: 4,384.9
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