India, July 3 -- The Relative Strength Index (RSI) is a popular momentum indicator that traders use to measure the strength and speed of a stock's price movement. It ranges from 0 to 100 and helps identify whether a stock is potentially overbought or oversold.

In general, an RSI reading above 70 indicates that a stock may have rallied sharply and could face short-term profit booking or a pullback. On the other hand, an RSI below 30 suggests that the stock may be oversold and could be poised for a potential rebound. Traders use these levels to evaluate momentum and identify possible entry or exit points. Here are a few Nifty 500 stocks that are trading below the Relative Strength Index (RSI) Level 30

Indus Towers Limited Indus Towers Lim...