What Does Oversold Stocks Mean?
1. A condition in which the price of an underlying asset has fallen sharply, and to a level below which its true value resides. This condition is usually a result of market overreaction or panic selling.
2. A situation in technical analysis where the price of an asset has fallen to such a degree – usually on high volume – that an oscillator has reached a lower bound. This is generally interpreted as a sign that the price of the asset is becoming undervalued and may represent a buying opportunity for investors.
Today’s Oversold Stock List With Candle Stick pattern
|02/03/2012 – 15:30|
|All NSE Stocks|
|Stocks||Candle Pattern||Close||Change %||Volume|