Pine Labs and 4 other Nifty 500 stocks Trading at RSI Levels Below 30 to Keep on Your Radar

Synopsis: Birlasoft, Pine Labs, Travel Food Services, Tata Consultancy Services, and Sun TV Network Limited are among Nifty 500 stocks trading below RSI 30, indicating oversold levels and potential buying interest from investors.

The Relative Strength Index (RSI) is a popular tool used by traders to measure how strong and fast a stock’s price is moving. The RSI value ranges from 0 to 100 and helps traders understand whether a stock is rising or falling too quickly.

Usually, if the RSI is above 70, the stock may be overbought, meaning its price could fall or correct soon. If the RSI is below 30, the stock may be oversold, meaning the price could bounce back. Traders use these signals to find possible short-term buying or selling opportunities. Here are a few Nifty 500 stocks that are trading below the Relative Strength Index (RSI) Level 30

Birlasoft Limited

Birlasoft Limited is an Indian multinational information technology company providing digital transformation and enterprise IT services. Headquartered in Pune, Maharashtra, it is part of the CK Birla Group and serves global clients across industries such as manufacturing, banking and financial services, energy, and life sciences.

With a market capitalization of Rs. 8,716.40 crore, the shares of Birlasoft Limited were currently trading at Rs. 311.85 per equity share, with an RSI of 24.78, indicating that it is in the oversold zone, offering the potential for an upside bounce.

Pine Labs Limited

Pine Labs Limited is an Indian financial technology company providing merchant commerce and digital payment solutions. Headquartered in Gurugram, Haryana, it offers cloud-based platforms that integrate payments, financing, and loyalty programs for merchants and financial institutions across India and Southeast Asia. The company plays a major role in advancing India’s digital payments ecosystem.

With a market capitalization of Rs. 18,062.39 crore, the shares of Pine Labs Limited were currently trading at Rs. 157.30 per equity share, with an RSI of 28.91, indicating that it is in the oversold zone, offering the potential for an upside bounce.

Travel Food Services Limited

Travel Food Services Limited (TFS) is an Indian company in the travel food and beverage and airport hospitality sector. It operates restaurants, cafés, quick-service outlets, and lounges across major airports and other travel hubs in India, with a growing international presence. TFS positions itself as an integrated platform focused on “transforming travel” through curated food and lounge experiences.

With a market capitalization of Rs. 15,143.14 crore, the shares of Travel Food Services Limited were currently trading at Rs. 1,150 per equity share, with an RSI of 30.05, indicating that it is in the oversold zone, offering the potential for an upside bounce.

Tata Consultancy Services Limited

Tata Consultancy Services Limited (TCS) is an Indian multinational company specializing in information technology (IT) services, consulting, and business solutions. Headquartered in Mumbai, it operates in over 55 countries and is the largest subsidiary of the Tata Group. TCS is among the world’s leading IT service providers, recognized for digital innovation and large-scale transformation programs for global enterprises.

With a market capitalization of Rs. 8,12,568.19 crore, the shares of Tata Consultancy Services Limited were currently trading at Rs. 2,245.85 per equity share, with an RSI of 27.41, indicating that it is in the oversold zone, offering the potential for an upside bounce.

Sun TV Network Limited

Sun TV Network Limited is an Indian media and entertainment conglomerate headquartered in Chennai, Tamil Nadu. It operates one of Asia’s largest television networks, offering diverse regional-language content across South India. The company is notable for its extensive portfolio of TV channels, radio stations, and film production units, influencing the regional entertainment market for decades.

With a market capitalization of Rs. 20,679.59 crore, the shares of Sun TV Network Limited were currently trading at Rs. 524.75 per equity share, with an RSI of 30.33, indicating that it is in the oversold zone, offering the potential for an upside bounce.

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