Oversold stocks: Market falls, many stocks reach oversold zone; What are the chances of recovery?

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Equity markets have been on a tear since hitting record highs in September, sending many major stocks into the oversold zone. Nifty 50 has fallen nearly 5 per cent from its all-time high of 26,277. Nifty's Relative Strength Indicator (RSI) had reached a low of 36.7, but now (…)

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