Join us on a journey into the world of stock market dynamics as we uncover 10 stocks that are currently in the overbought zone. ETMarkets explores the significance of the Relative Strength Index (RSI) and its role in shaping investment strategies.
Biocon chief Kiran Mazumdar-Shaw blamed Karnataka’s loss of the Kaynes Technology semiconductor plant on Bengaluru’s infrastructural troubles and infamous traffic.
Explore the significance of the Relative Strength Index (RSI) as ETMarkets selects 10 stocks trading in the overbought zone. Discover why RSI is a crucial tool for assessing stock movement and making informed investment decisions.
Kaynes Technology India Ltd. has inked a pact with the Telangana government to set up a semiconductor plant in the state for Rs 2,800 crore.
“The company entered into an MoU with Government of Telangana for setting up of Outsourced Semiconductor Assembly and Testing (OSAT) and Compound Semiconductor manufacturing facility in the State,” it said in its exchange filing.
On October 4, Wednesday, StockEdge detected 11 stocks trading in the overbought zone. In this article, ETMarkets delves into the significance of overbought conditions and explores 11 stocks that investors should keep an eye on.