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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 stock's momentum and velocity of price movement on a scale of 0 to 100, with a reading above 70 indicating that a stock