Overbought Stocks for 31st October, 2011
Below is a list of overbought stocks according to the technical indicator RSI.
The below list contains stocks which have high RSI indicating that it is in an overbought state.
| Name | Sector | Current Price | RSI | Fast Stochastic | Slow Stochastic | Average Volume (in thousands) |
|---|---|---|---|---|---|---|
| Rajesh Exports Ltd. | GEMS, JEWELLERY AND WATCHES” | 146.85 | 96.51 | 77.20 | 74.66 | 874.61 |
| Andhra Sugars Ltd. | SUGAR | 108.35 | 95.17 | 92.33 | 92.58 | 7.82 |
| Vardhman Textiles Ltd. | TEXTILES – COTTON | 206.3 | 94.79 | 92.28 | 90.63 | 8.72 |
| Balrampur Chini Mills Ltd. | SUGAR | 54.8 | 91.13 | 92.52 | 93.52 | 1833.88 |
| Sunteck Realty Ltd. | CONSTRUCTION | 364.85 | 90.21 | 97.13 | 94.53 | 14.80 |
| ING Vysya Bank Ltd. | BANKS | 348.3 | 89.55 | 96.39 | 78.82 | 105.30 |
| ABG Shipyard Ltd. | SHIPPING | 426.4 | 89.33 | 94.69 | 87.85 | 233.36 |
| Sobha Developers Ltd. | CONSTRUCTION | 256.3 | 89.04 | 81.56 | 76.67 | 117.70 |
| Jindal Poly Films Ltd. | PACKAGING | 232.65 | 88.03 | 79.26 | 76.41 | 289.60 |
| TVS Motor Company Ltd. | AUTOMOBILES – 2 AND 3 WHEELERS | 68.6 | 87.86 | 90.04 | 88.68 | 1623.85 |
| IndusInd Bank Ltd. | BANKS | 281.9 | 87.28 | 93.78 | 91.11 | 659.76 |
| Parsvnath Developer Ltd. | CONSTRUCTION | 78.15 | 87.22 | 78.13 | 75.52 | 1778.03 |
| D.B. Realty Ltd. | CONSTRUCTION | 70.85 | 86.70 | 85.62 | 0.00 | 587.53 |
| Gujarat NRE Coke Ltd. | MINING | 24.85 | 86.61 | 92.55 | 88.61 | 1510.68 |
| Century Plyboards (India) Ltd. | CONSTRUCTION | 60.05 | 85.94 | 27.44 | 28.75 | 7.73 |
| UFLEX Ltd. | PACKAGING | 171.4 | 85.65 | 92.75 | 88.68 | 769.25 |
| Munjal Showa Ltd. | AUTO ANCILLARIES | 73.1 | 85.63 | 83.09 | 84.63 | 27.43 |
| Escorts Ltd. | AUTOMOBILES – 4 WHEELERS | 85.7 | 85.55 | 92.47 | 88.11 | 1653.12 |
| RAIN COMM LTD | CEMENT AND CEMENT PRODUCTS | 31.55 | 84.76 | 87.59 | 66.05 | 303.87 |
| United Phosphorus Ltd. | PESTICIDES AND AGROCHEMICALS | 148.55 | 84.68 | 86.94 | 78.68 | 1228.77 |
| Reliance Power Ltd. | POWER | 94.8 | 83.81 | 95.79 | 88.53 | 2524.07 |
