Upmove possible

٢٩ نوفمبر ٢٠٢١

Stock RSI has entered oversold zone on daily candlestick. Presumably, each stock has its own overbought and oversold zones. In case of Titan, it is RSI less than 39. Therefore, an upmove is possible. However, upmove has limited potential. Fundamentally, Omicron variant may dampen discretionary demand. Technically, stock is little below overbought zone.