Kajaria Ceramics, Ipca Lab among 10 stocks bearish RSI trend
The RSI is a momentum oscillator that ranges from 0 to 100 and is used to assess the strength and direction of a stock’s price movements. An RSI value above 70 indicates that a stock is in an overbought zone and may be ripe for a price correction, while an RSI below 30 signifies an oversold condition and the potential for a rebound.
