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

When all three are combined together while making an investment decision, the chances of benefiting from the trade are higher

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:

STOCKS

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

MRF Ltd

RBL Bank Ltd

South Indian Bank Ltd

Shriram Transport Finance Co. Ltd

Tata Communications Ltd

V-Guard Industries Ltd