Nifty 17469.75 (1.71%)
Sensex 58649.68 (1.76%)
Nifty Bank 37284.7 (1.82%)
Nifty IT 35959.05 (1.95%)
Nifty Financial Services 18284.95 (1.70%)
Adani Ports 761.40 (2.24%)
Asian Paints 3108.50 (2.58%)
Axis Bank 697.10 (1.47%)
B P C L 391.15 (0.86%)
Bajaj Auto 3332.05 (1.39%)
Bajaj Finance 7361.50 (3.64%)
Bajaj Finserv 17621.65 (3.00%)
Bharti Airtel 715.15 (2.33%)
Britannia Inds. 3575.75 (2.92%)
Cipla 897.95 (0.98%)
Coal India 150.90 (0.17%)
Divis Lab. 4604.95 (-0.43%)
Dr Reddys Labs 4570.70 (1.11%)
Eicher Motors 2505.55 (1.37%)
Grasim Inds 1716.25 (1.82%)
H D F C 2853.00 (1.26%)
HCL Technologies 1171.60 (1.91%)
HDFC Bank 1553.80 (1.84%)
HDFC Life Insur. 686.40 (-1.15%)
Hero Motocorp 2490.65 (1.17%)
Hind. Unilever 2340.60 (0.82%)
Hindalco Inds. 457.45 (3.38%)
I O C L 120.40 (-0.17%)
ICICI Bank 753.40 (2.55%)
IndusInd Bank 945.30 (2.01%)
Infosys 1753.35 (2.44%)
ITC 224.95 (1.95%)
JSW Steel 672.95 (1.86%)
Kotak Mah. Bank 1920.45 (-0.86%)
Larsen & Toubro 1825.05 (1.50%)
M & M 840.75 (1.79%)
Maruti Suzuki 7434.90 (3.46%)
Nestle India 19479.10 (0.70%)
NTPC 127.25 (1.52%)
O N G C 148.40 (1.71%)
Power Grid Corpn 204.80 (-0.49%)
Reliance Industr 2418.10 (1.52%)
SBI Life Insuran 1169.50 (0.89%)
Shree Cement 26106.90 (1.40%)
St Bk of India 491.55 (3.12%)
Sun Pharma.Inds. 757.55 (1.86%)
Tata Consumer 772.15 (1.51%)
Tata Motors 493.90 (2.51%)
Tata Steel 1173.00 (2.11%)
TCS 3626.90 (1.18%)
Tech Mahindra 1604.80 (1.79%)
Titan Company 2405.55 (1.05%)
UltraTech Cem. 7423.95 (1.71%)
UPL 728.10 (0.16%)
Wipro 641.70 (1.47%)
Top 10 stocks in overbought and oversold zones
by 5paisa Research Team 17/11/2021

The Relative Strength Index (RSI) is one of the most widely used momentum indicators. Here we have listed stocks having RSI in overbought and oversold zones.

A not so good day for Nifty 50 today as it shed almost 0.56% or 100.55 points. In fact, since the last two trading sessions, Nifty 50 is forming lower highs and lower lows on a 5-minute time frame. Time and then, conviction is increasing for the resistance levels of 18,210-18,604 that Nifty 50 is not breaching at the moment. Having said that, the index notoriously takes support on the 50-Day Exponential Moving Average (EMA).

In the current market situation, it demands to have a more stock-specific view. However, checking the momentum indicator would definitely help you screen stocks. And one of the most popular and widely used momentum indicators is the Relative Strength Index (RSI). 

RSI is an indicator that helps you measure the magnitude of recent price changes to evaluate overbought or oversold situations. RSI is usually displayed as a line graph on a scale of 0 to 100 which moves between two extremes. It is believed that stocks with an RSI of 70 or above suggest overbought or overvalued conditions and probably signals a trend reversal or correction. On the flip side, an RSI of 30 or below suggests an oversold or undervalued situation.

Here is the list of the top 10 stocks with RSI in overbought and oversold zones.

Top 10 Stocks with RSI in overbought zone 

Stock Name 

Last Traded Price (LTP) 

Day's Change (%) 

RSI 

Rajesh Exports Ltd. 

741.3 

7.90% 

83.9 

Century Plyboards (India) Ltd. 

700.7 

0.20% 

83.4 

Thermax Ltd. 

1,744.6 

-2.70% 

83.3 

Sheela Foam Ltd. 

3,206.5 

1.20% 

83.0 

Finolex Cables Ltd. 

600.0 

2.10% 

80.9 

Page Industries Ltd. 

40,966.1 

-0.60% 

78.0 

Apollo Hospitals Enterprise Ltd. 

5,734.0 

12.50% 

77.2 

Lux Industries Ltd. 

4,546.1 

7.70% 

77.0 

KPIT Technologies Ltd. 

466.4 

6.70% 

76.9 

Macrotech Developers Ltd. 

1,428.8 

0.90% 

76.3 

 

Top 10 Stocks with RSI in oversold zone 

Stock Name 

Last Traded Price (LTP) 

Day's Change (%) 

RSI 

IOL Chemicals and Pharmaceuticals Ltd. 

478.9 

-3.3% 

22.5 

Tasty Bite Eatables Ltd. 

13,862.6 

-2.4% 

22.8 

Bajaj Consumer Care Ltd. 

201.4 

-2.5% 

22.9 

FDC Ltd. 

294.6 

-0.7% 

23.8 

Solara Active Pharma Sciences Ltd. 

1,052.5 

1.2% 

25.1 

BASF India Ltd. 

2,884.5 

-0.6% 

25.7 

JM Financial Ltd. 

81.2 

1.9% 

26.6 

PNB Housing Finance Ltd. 

462.8 

-1.0% 

28.8 

Aarti Drugs Ltd. 

539.5 

-1.8% 

29.2 

Bayer Cropscience Ltd. 

4,623.3 

-0.3% 

29.8 

 

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