4 major PSU rail stocks in overbought state, profit booking ahead: Anand James
After gaining an average of 14% this week and more than 30% in the last one month, railway stocks may now come under some profit booking pressure. “4 out of 5 major railway stocks like RVNL, IRFC, IRCTC and Railtel are overbought with RSI above 75. Even though the outlook for these stocks remains bullish, … Read more