Top Momentum Gainers: 8/9/2026

NIACL dropped 11.24% to 205.22 with an RSI of 57.6, indicating the move is still in the neutral‑to‑slightly‑bullish zone. The price slide suggests a short‑term capitulation that could set up a bounce if buying pressure returns; swing traders might look for a break above the recent high (≈ 215) as a trigger for a short‑term long position.

IDBI fell 10.62% to 81.11 while its RSI sits at 37.2, placing it in oversold territory. The combination of a steep decline and a sub‑40 RSI often precedes a corrective rally, so a swing trader could watch for a reversal candle above the 82–83 range and consider a quick long, targeting the 90‑95 zone.

IFCI slid 9.66% to 92.61 with an RSI of 58.6, again in the neutral range but edging toward the bullish side. The modest RSI suggests the sell‑off may be exhausted; a bounce back above the 94‑95 resistance could provide a short‑term upside play, especially if the next session shows higher volume.

Overall, the three stocks are all in a pull‑back phase after a sharp decline. Swing traders should focus on price action around key intraday resistance levels (≈ 215 for NIACL, 82‑83 for IDBI, 94‑95 for IFCI) and wait for volume‑supported breakouts to confirm that the oversold or neutral RSI is translating into a genuine reversal rather than a continuation of the downtrend.