PNB, TCS among 10 stocks trading with bearish RSI
Before we dive into the stocks, let's grasp the concept of RSI. The Relative Strength Index is a momentum oscillator that measures the speed and change of a stock's price movements. RSI values range from 0 to 100, with readings above 70 typically indicating that a stock is overbought, while readings below 30 suggest that it may be oversold.