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Tanla Platforms, Esab India among 10 overbought stocks with RSI above 70

Over 80 stocks, including Mphasis, Tanla Platforms, United Spirits, Ashok Leyland, and Union Bank of India, were reportedly trading in an overbought zone as of July 21, indicating potential price corrections. Technical indicator Relative Strength Index (RSI) values of 70 or more suggest an overbought condition
Esab India Ltd United Spirits Ltd Mphasis Ltd Ashok Leyland Ltd Nippon Life India Asset Management Ltd Union Bank

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Mphasis, HDFC AMC among 10 overbought stocks with RSI above 70

Over 90 stocks were found to be in an overbought zone by StockEdge on Thursday, and ETMarkets has picked out 10 of those for analysis. The Relative Strength Index (RSI) shows a stocks momentum and velocity of price movement on a scale of 0 to 100, with a reading above 70 indicating that a stock
Health Care Ltd Mphasis Ltd Zensar Technologies Ltd Polycab India Ltd Asset Management Company Ltd Union Bank

Zensar, Sun TV Network among 10 overbought stocks with RSI above 70

Over 70 stocks were trading at overbought conditions on the Relative Strength Index (RSI) on July 19, according to StockEdge. The RSI, measuring the magnitude of recent price changes, oscillates between 0 and 100, with values over 70 suggesting a stock is overbought, inviting potential price corrections.
Mahindra Holidays Resorts India Ltd Sun Tv Network Ltd Zensar Technologies Ltd Union Bank Esab India Ltd Mphasis Ltd

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