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
