India, Feb. 12 -- The Relative Strength Index (RSI) is a popular momentum indicator used by traders to measure the speed and strength of a stock's price movements. It ranges from 0 to 100 and helps assess whether a stock may be stretched on the upside or downside, offering clues about short-term momentum and possible trend reversals.
Typically, an RSI reading above 70 suggests overbought conditions, indicating the stock may face selling pressure, while a reading below 30 points to oversold levels and a potential bounce. Traders watch these thresholds to spot short-term entry and exit opportunities. Here are a few stocks that are trading below the Relative Strength Index (RSI) Level 30
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