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ā¢ 46 stocks have entered the overbought territory as indicated by the Relative Strength Index (RSI).
ā¢ RSI readings above 70 suggest that a stock may be overbought, indicating a potential reversal or pullback in the near future.
ā¢ Five handpicked stocks currently riding the overbought wave are Alkem Laboratories Ltd., Central Depository Services (India) Ltd., Global Health Ltd., Swan Energy Ltd., and Trent Ltd.