​8 large and midcaps whose RSI crossed 70, suggesting overbought state​

Overbought refers to a condition wherein the stock has been subject to constant upward pressure and now the technical analysis hints at correction in due course. Constant pressure results in continued bullishness considered unreasonable by traders. When this is the case, such an asset is to be overbought and traders then bet on the reversal in price trend.

​RSI on June 19: 74.63| Previous RSI: 66.56 | Last closing price: Rs 618.3

RSI on June 19: 73.28 | Previous RSI: 67.92 | Last closing price: Rs 150.45

RSI on June 19: 73.06 | Previous RSI: 68.26 | Last closing price: Rs 626.55

​RSI on June 19: 71.84 | Previous RSI: 66.04 | Last closing price: Rs 316.25

​RSI on June 19: 71.55 | Previous RSI: 68.14 | Last closing price: Rs 1876.15

​RSI on June 19: 71.47 | Previous RSI: 66.83 | Last closing price: Rs 23093.5

​RSI on June 19: 71.17| Previous RSI: 68.22| Last closing price: Rs 460.2

​RSI on June 19: 70.38| Previous RSI: 69.98| Last closing price : Rs 673.25