India, Feb. 25 -- Stocks with an RSI below 30 are typically seen as oversold, suggesting they might be undervalued or experiencing short-term weakness. In the context of Nifty 500 stocks, this can point to companies facing temporary pressure but presenting potential buying opportunities for investors expecting a rebound. Keeping an eye on these stocks helps traders and long-term investors spot possible entry points in the overall market.

What is RSI and why is it important? The Relative Strength Index (RSI) is a widely used technical tool that gauges the speed and magnitude of an asset's price movements. Its values range from 0 to 100, helping investors determine if a stock is overbought or oversold. Generally, an RSI above 70 signals th...