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15 stocks on RSI, Stochastic and MACD in Nifty F&O show bearish trend

All three indicators falling together
There are three key technical indicators investors need to consider while taking an investment decision in stocks - the RSI (Relative Strength Index), Stochastic and MACD (moving average convergence and divergence). Although, these are all momentum indicators, they differ in their own philosophies. While RSI determines the strength of a price change, Stochastic identifies significance of closing prices over a certain period of time and MACD strictly restricts itself to moving averages.

When all three are combined together to analyse stocks, a possible rally of five to seven per cent can easily be gauged. Among the three, any one indicator when tries to reverse and make a possible crossover, then it is a sign of cautiousness as the trend is likely to change. 

Likewise, the overbought and oversold territory also helps to take a wise investment call, as they indicate profit booking and likely accumulations, respectively. A negative crossover of MACD in overbought territory of RSI and Stochastic say, it is time to book all profits, and vice versa.

When MACD rises or breaches zero line with a support from either RSI or Stochastic, then likely trend seems to get a stronger rally. 

Here is the list of stocks having all three indicators in a negative trend:

Adani Power Ltd
Apollo Tyres Ltd
Balkrishna Industries Ltd
Bharat Forge Ltd
Bharat Heavy Electricals Ltd
Birlasoft Ltd
Ceat Ltd
Container Corporation of India Ltd
Motherson Sumi Systems Ltd
RBL Bank Ltd
South Indian Bank Ltd
Shriram Transport Finance Co. Ltd
Tata Communications Ltd
V-Guard Industries Ltd

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