Last Updated: May 23, 2025 at 03:30 PM
SL.No. | Company | Trigger Price Rs. | LTP Rs. | % Change | Volume (Lakh) | Market Cap (₹ Cr) |
---|---|---|---|---|---|---|
1 | Niva Bupa Health Insurance Company Ltd. | 89.35 | 89.38 | 0.95% | 3797007.00 | 16338.37 |
2 | Data Patterns (India) Ltd. | 2712.00 | 2718.40 | -0.82% | 792695.00 | 15218.68 |
3 | CE Info Systems Ltd. | 1988.90 | 1997.60 | 0.01% | 45852.00 | 10870.95 |
4 | Mazagon Dock Shipbuilders Ltd. | 3500.00 | 3502.30 | 0.07% | 4236741.00 | 141275.78 |
5 | Hindustan Aeronautics Ltd. | 4966.00 | 4961.60 | -1.56% | 2318665.00 | 331819.40 |
6 | Aster DM Healthcare Ltd. | 553.00 | 553.80 | -2.81% | 708784.00 | 28693.54 |
7 | Cochin Shipyard Ltd. | 1915.00 | 1915.00 | 0.59% | 5503083.00 | 50379.97 |
8 | Interglobe Aviation Ltd. | 5510.00 | 5521.00 | 0.33% | 544144.00 | 213352.43 |
9 | Page Industries Ltd. | 47590.00 | 47495.00 | -0.77% | 7499.00 | 52975.32 |
10 | Redington Ltd. | 271.76 | 271.77 | -1.13% | 2344501.00 | 21246.28 |
11 | TVS Motor Company Ltd. | 2778.00 | 2780.60 | -0.79% | 537902.00 | 132102.72 |
12 | Coromandel International Ltd. | 2383.50 | 2389.50 | -1.02% | 723118.00 | 70451.53 |
13 | Schaeffler India Ltd. | 4038.50 | 4030.00 | -1.21% | 134798.00 | 62990.38 |
14 | Ceat Ltd. | 3799.90 | 3787.20 | -1.17% | 77033.00 | 15319.26 |
15 | Deepak Fertilisers And Petrochemicals Corporation Ltd. | 1322.00 | 1327.40 | -2.50% | 825548.00 | 16813.23 |
16 | Shree Cement Ltd. | 31390.00 | 31495.00 | 0.27% | 19027.00 | 113636.32 |
17 | Godfrey Phillips India Ltd. | 8355.50 | 8367.00 | 0.51% | 24636.00 | 43503.31 |
Scan condition: Nifty 500 stocks in recent uptrends now showing signs of a possible pullback.
Overbought Reversal: Spotting Stocks Losing Momentum
What Is an Overbought Reversal in the Stock Market?
An overbought reversal occurs when a stock that has been in a strong uptrend starts showing signs of exhaustion, leading to a short-term pullback. These stocks may undergo temporary corrections, making them attractive for pullback traders and short-term mean-reversion strategies.
For instance, consider a stock that has been steadily rising, fueled by strong buying interest. If the pace of price gains slows and demand begins to wane, it could signal a potential short-term reversal. A decline in momentum often indicates that buyers are taking a pause, leading to a price pullback before the next directional move.
Use Cases of the Overbought Reversal Scanner
This scanner is particularly useful for:
How to Utilize the Overbought Reversal Scanner?
Key Takeaways
FAQs
What does an overbought RSI indicate?
An overbought RSI (above 60) suggests that a stock has gained significant momentum and may be due for a pullback or consolidation.
How do traders use the Overbought Reversal Scanner?
Traders use this scanner to find stocks losing strength, helping them enter pullback trades at more favorable levels.
Can overbought stocks continue rising despite a reversal signal?
Yes, an overbought stock may continue its uptrend if strong demand persists. However, a weakening RSI and lower closing prices suggest caution.
Is a short-term pullback a buying opportunity?
It depends on the stock’s overall trend. If the long-term trend remains intact, a pullback may offer a good entry point for traders.
How important is RSI in identifying overbought reversals?
RSI is a key momentum indicator. A declining RSI after a strong uptrend often signals a shift in sentiment, helping traders anticipate potential reversals.
₹89.35
₹16338.37
3797007.00
₹2712.00
₹15218.68
792695.00
₹1988.90
₹10870.95
45852.00
₹3500.00
₹141275.78
4236741.00
₹4966.00
₹331819.40
2318665.00
₹553.00
₹28693.54
708784.00
₹1915.00
₹50379.97
5503083.00
₹5510.00
₹213352.43
544144.00
₹47590.00
₹52975.32
7499.00
₹271.76
₹21246.28
2344501.00
₹2778.00
₹132102.72
537902.00
₹2383.50
₹70451.53
723118.00
₹4038.50
₹62990.38
134798.00
₹3799.90
₹15319.26
77033.00
₹1322.00
₹16813.23
825548.00
₹31390.00
₹113636.32
19027.00
₹8355.50
₹43503.31
24636.00
Scan condition: Nifty 500 stocks in recent uptrends now showing signs of a possible pullback.
Overbought Reversal: Spotting Stocks Losing Momentum
What Is an Overbought Reversal in the Stock Market?
An overbought reversal occurs when a stock that has been in a strong uptrend starts showing signs of exhaustion, leading to a short-term pullback. These stocks may undergo temporary corrections, making them attractive for pullback traders and short-term mean-reversion strategies.
For instance, consider a stock that has been steadily rising, fueled by strong buying interest. If the pace of price gains slows and demand begins to wane, it could signal a potential short-term reversal. A decline in momentum often indicates that buyers are taking a pause, leading to a price pullback before the next directional move.
Use Cases of the Overbought Reversal Scanner
This scanner is particularly useful for:
How to Utilize the Overbought Reversal Scanner?
Key Takeaways
FAQs
What does an overbought RSI indicate?
An overbought RSI (above 60) suggests that a stock has gained significant momentum and may be due for a pullback or consolidation.
How do traders use the Overbought Reversal Scanner?
Traders use this scanner to find stocks losing strength, helping them enter pullback trades at more favorable levels.
Can overbought stocks continue rising despite a reversal signal?
Yes, an overbought stock may continue its uptrend if strong demand persists. However, a weakening RSI and lower closing prices suggest caution.
Is a short-term pullback a buying opportunity?
It depends on the stock’s overall trend. If the long-term trend remains intact, a pullback may offer a good entry point for traders.
How important is RSI in identifying overbought reversals?
RSI is a key momentum indicator. A declining RSI after a strong uptrend often signals a shift in sentiment, helping traders anticipate potential reversals.