RSI Screener for Indian Stocks

What Is an RSI Screener?

An RSI screener is a stock screening tool that uses the Relative Strength Index (RSI) to help identify stocks showing stronger or weaker price momentum.

TrendScreener provides a free RSI screener for Indian stocks that lets you compare Monthly, Weekly and Daily RSI values from one dashboard.

Instead of opening individual stock charts and checking RSI one by one, you can scan 250+ Indian stocks and quickly identify stocks showing stronger, weaker or more neutral momentum.

Market data is updated every 1 minute, helping you monitor changing market conditions during the trading session.

How the RSI Screener Works

RSI, or Relative Strength Index, is a momentum indicator used to study the strength of recent price movement.

TrendScreener shows RSI values across three timeframes: Monthly, Weekly and Daily. Looking at these timeframes together can give you a broader view of price momentum.

• RSI 60 and Above: The stock is classified by the screener as showing stronger bullish momentum.
• RSI 40 and Below: The stock is classified as showing weaker or bearish momentum.
• RSI 40 to 60: The stock is in the neutral zone and may be showing more balanced or sideways momentum.

These levels are screening classifications used by TrendScreener. They should not be treated as automatic buy or sell signals.

Understanding RSI Values

RSI 60 and Above

When RSI is 60 or higher, TrendScreener places the stock in the bullish momentum zone. This means recent price movement is showing relatively stronger momentum.

RSI 40 and Below

When RSI is 40 or lower, the stock is placed in the bearish momentum zone. This indicates relatively weaker recent price movement.

RSI Between 40 and 60

RSI between 40 and 60 is treated as the neutral zone. Stocks in this range may not have a clear momentum direction based on this RSI classification alone.

How to Filter Stocks by RSI

You can filter stocks directly from the Monthly, Weekly and Daily RSI columns. Each column can be clicked to change its filter.

1. Click the Monthly, Weekly or Daily heading.
2. The first click applies a Bullish RSI filter.
3. Click the same heading again to change it to a Bearish filter.
4. Click it once more to remove that timeframe's filter.

You can also use more than one timeframe filter at the same time. For example, you can filter for stocks with Monthly RSI Bullish and Weekly RSI Bullish together.

This makes it easier to narrow down a large list of stocks and find those matching a particular momentum condition.

Multi-Timeframe RSI Analysis

RSI can look different on different timeframes. A stock may have strong Daily momentum while its Weekly RSI is still neutral, or its Monthly RSI may show a different condition.

Comparing Monthly, Weekly and Daily RSI can help you understand whether momentum is consistent across different timeframes or only visible in the shorter-term view.

For example, a stock showing bullish RSI on both Weekly and Daily timeframes may be worth further analysis for stronger momentum, while mixed RSI readings can indicate that momentum is not aligned across timeframes.

How to Find Stocks With Strong or Weak Momentum

The RSI screener can help you quickly narrow down stocks based on their momentum condition.

1. Select the index or sector you want to scan.
2. Look at the Monthly, Weekly and Daily RSI values.
3. Use the column filters to find Bullish or Bearish RSI conditions.
4. Compare multiple timeframes to see whether momentum is aligned or mixed.
5. Open the stock page or chart for further analysis.

The RSI screener is designed to reduce manual scanning. It helps you create a shortlist of stocks that you can then study in more detail.

Who Can Use an RSI Screener?

An RSI screener can be useful for traders and market watchers who want to scan stocks based on momentum.

• Intraday traders can use RSI readings as one part of their momentum analysis.
• Swing traders can compare Daily and Weekly RSI to study medium-term momentum.
• Positional traders can look at Weekly and Monthly RSI to understand broader momentum.
• Market watchers can use the screener to quickly compare RSI conditions across many stocks.