I use RSI in AXIS BANK . RSI indicate the overbought area 70% then I go for short on 04/06/2019 at the price of 810/- then RSI come the oversold area I short covering of my position on 25/07/2019 at the price of 710/-. Then wait for next entry RSI went low and return to cross the over sold area 30% I go for LONG position on 14/08/2019 at the price of 660/- finally I close my long position the RSI reached the over bought area on 31/12/2019 at the price of 745/-. Using RSI trade plan.
RSI INDICATOR IN AXIS BANK
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Stock Analysis
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Bullish View
Bearish View
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Hi,
Nice work!…. Click the below link for more details about RSI.
https://www.youtube.com/watch?v=bIsaSbe4yLU