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rsi overbought: EIH, Jyothy Labs among 10 overbought stocks with RSI above 70

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It provides a numeric value that ranges from 0 to 100, helping investors identify overbought and oversold conditions in a stock. Here s a quick rundown of RSI s utility:

hotel stocks to buy: Triveni Sangam! G20 among 3 triggers making bulls check into hotel stocks

Shares of India s largest hospitality group Indian Hotels (IHCL), which owns brands like Taj, Vivanta and Ginger, have risen 35% in the last 6 months to fresh record high levels. Similarly, EIH, which is the flagship company of the Oberoi Group, Chalet Hotels and Lemon Tree Hotels also hit fresh highs on Thursday.

zee: Until we get greater visibility, it is best to stay away from Zee: Chakri Lokapriya

"Zee is an undervalued stock despite the current issues with its promoters but one should stay away until there is greater visibility. The hotel industry, particularly urban consumption, is seeing a revival with corporate customers returning and increased pricing power. Stocks such as Chalet Hotels, Indian Hotels, EIH, and Lemon Tree are expected to continue performing well. "

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