Wipro, Asian Paints among 10 overbought stocks with RSI above 70
Over 90 stocks were trading in an overbought zone on July 17, with an RSI value above 70, according to StockEdge data. The RSI indicator is a momentum oscillator measuring the speed and change of price movements in a stock. An RSI reading above 70 indicates that the stock may be overvalued or trading at a higher value
