The Golden Crossover, a bullish technical chart pattern that indicates a potential shift in a stock s trend from bearish to bullish, has gained popularity among investors and market enthusiasts in the world of stock trading.
Discovering stocks that are overbought but exhibit a bearish or declining Relative Strength Index (RSI) trend can provide valuable insights for investors. In this article, we explore the significance of RSI and analyse the top 10 overbought stocks handpicked by ETMarkets from the pack of 18 stocks reported by StockEdge on July 27, Thursday.
Shares of the private sector lender hit a new 52-week high on Monday after its profit after tax for the quarter grew by 40% year-on-year (y-o-y) to nearly ₹9,650 crore.