Overbought stocks
This screener shows stocks having RSI or stochastic above 80 or in over bought zone or just starting to fall. So this is considered to be the best point entry (See chart) for short selling. So scan every day to get fresh starting of breakdown stocks to get good entry point. Also you can use false level strategy to know from where stock can reverse from middle in case of false trend. Practice Virtually for 1 month to learn.
| Symbol | Company name | Change% | close | volume | lotsize | Market Cap | Industry | View Chart |
|---|---|---|---|---|---|---|---|---|
| AARVEEDEN | Aarvee Denims & Exports Limited | -1.05 | 132.00 | 27930 | 0 | Small Cap | Textiles | AARVEEDEN |
| L&TFH | L&T Finance Holdings Limited | -0.22 | 160.95 | 6833100 | 4462 | Mid Cap | Financial Services | L&TFH |
| GMRINFRA | GMR Infrastructure Limited | 0.35 | 85.13 | 14325400 | 11250 | Large Cap | Infrastructure | GMRINFRA |
| MCDOWELL-N | United Spirits Limited | 0.54 | 1305.45 | 1533820 | 700 | Large Cap | Breweries | MCDOWELL-N |
| IBREALEST | Indiabulls Real Estate Limited | 0.92 | 150.35 | 9300820 | 0 | Small Cap | Realty | IBREALEST |
| SBILIFE | SBI Life Insurance Company Limited | 2.17 | 1499.25 | 4320370 | 750 | Large Cap | Financial Services | SBILIFE |
| RGL | Renaissance Global Limited | 2.38 | 184.69 | 1319380 | 0 | Small Cap | Jewellery | RGL |
| UJJIVAN | Ujjivan Financial Services Limited | 2.62 | 589.50 | 2982630 | 0 | Mid Cap | Financial Services | UJJIVAN |
| TATAMTRDVR | Tata Motors Limited | 2.93 | 768.65 | 11092800 | 0 | Large Cap | Automobile and Auto Components | TATAMTRDVR |
| ESCORTS | Escorts Limited | 4.27 | 3439.00 | 1595630 | 275 | Mid Cap | Capital Goods | ESCORTS |
| GOLDIAM | Goldiam International Limited | 10.98 | 519.95 | 381499 | 0 | Small Cap | Jewellery | GOLDIAM |
| AEGISCHEM | Aegis Logistics Limited | 12.15 | 791.15 | 4231420 | 0 | Small Cap | Oil Gas & Consumable Fuels | AEGISCHEM |
User can use the overbought stocks NSE screener to scan over bought stocks whose stochastic is above 80 or stock is starting to fall. The stiffness in stochastic shows strength in selling. But remember 40% time stocks shows red candle creating false bearish trend but reverse from middle and traps many. This is a false trend and you can identify it much before using advance technical analysis. Sometimes stochastic remains above 80 but still it goes up and up. It has also reason and you can know it much before that it will move in BOD pattern and also you can know how much it can further move up. So using advance technical analysis you can learn how to identify it much before. Call/Whatsapp- 9438303996 for doubt clear.
Disclaimer: Use this screener daily to find technically good pattern stock and trade virtually or without using real money to learn better as involvement of real money influences your emotion and thus your decision. Technical Analysis charts and tools provided are algorithm based and only for learning and research purpose. Please be aware of risk involved and consult your own financial advisor.