India, April 14 -- The Relative Strength Index (RSI) is a popular momentum oscillator used by technical analysts to determine whether a stock is overbought (above 70) or oversold (below 30). When a stock's RSI dips below the 30 mark, it indicates that the asset has experienced significant recent selling pressure and may be due for a price correction or a relief rally

1. Vinati Organics Vinati Organics is a globally acclaimed player in the specialty chemicals domain, famous for manufacturing ATBS & IBB among others. Vinati Organics has experienced a prolonged declining trend that pushed it in the oversold zone as its prices fall below critical moving averages. Vinati Organics stock has a market cap of Rs 18,145 Crore and its share price i...