Friday 24 April 2020

Five Over sold shares

Today I'm going to share about 5 shares which are highly over sold.


1. ABFRL (Aditya Birla Fashion and Retail Ltd.

ABFRL made all time high of 285.50rs/ share on 24Feb2020. And Made low of 138.15rs / share on 16Apr2020. If you compare high to low it is about 147.35rs fall. And if you convert it into Percentage it is -51.61%.
If you out RSI indicator in technical analysis RSI is 26.6  which indicate this share as highly over sold.

2.Quess Corp Ltd.
Quess Corp. Ltd company is provider of technological and business services. Quess Corp ltd stock made high of rs638/share on 30Jan2020. After the fall quess corp made low of rs200.50/share. Which is -437.70rs and -68.58%. If you use RSI indicator, RSI =21.17. It indicates Quess corp as highly oversold stock.

3.Credit Access Grameen Limited 
Credit Access Grameen limited is microfinance institutions providing a wide range of financial services to the rural poor and low income households particularly women. It is registered with reserve bank of india under the NBFC-MFI category. CREDITACC share has made high of rs1000/share on 20feb2020. And after the fall this stock made low of rs305.20/ share 7apr2020. If you compare high from low it is -694.80rs and about -69.48%. RSI indicator shows 28.78 which is indicate  highly oversold.

4.REPCOHOME
Repko home finance made all time high of rs366.20/ share on 21jan2020. And after the fall stock touches the low price of rs104.05/share. If you compare low to high it is about -262.15rs/share and about -71.58%.  RSI indicator shows 26.93 which is indicate highly oversold stock.

5.CHOLAHLND
Chola mandalam financial holdings ltd stock made all time high of rs 569.75/share on 16Jan2020. And after the crash this stock touched the low price of rs 249.40/share on 07apr2020. If you compare low price from high it is about -320.45rs/share and about -56.23%. RSI indicator shows 27.72 which is indicate these share In oversold zone.

These 5 stocks are in highly oversold zone. You should add these stocks in watchlist.

"Let's create wealth together" 

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