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Thursday, 19 November 2015

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Trade effectively using RSI

Trade effectively using RSI
There are many indicators which can be used in Technical Analysis to anticipate the price movements. The RSI is one among these indicators. RSI stands for Relative Strength Index. The RSI can take a value between 0 and 100. The value above 70 is considered as overbought situation and value below 30 is considered as oversold situation. The RSI is used extensively by the technical analysts to generate accurate equity tips.

1 comments:

  1. • JM Financial to buyback of upto 10 percent of equity capital.
    • Strides Shasun announces completion of US FDA inspection at the API facility of the company at Cuddalore with zero 483 observations
    CapitalStars

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