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Archive for category: Relative Strength Indicator
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Relative Strength Indicator
RSI trend reaches 70% from uptrend hence short position
As i look the relative strength indicator,where price goes below 30 shows weaker zone and cross above 70 shows...
There are many trading opportunities in enclosed chart. For demonstration purpose, applying above principle, following trades are recommended. Buy:...
Since the RSI has shown a weakness and subsequently has breached the 30 mark during the period of April...
ENTRY 89.20 STOP LOSS 89.69 TARGET 85.51
Creating SHort position Sell - 283 Stoploss - 289 Target - 277
RSI crosses down 70 mark at 1355. So short at 1355 and keep above previous high as SL that...
Stock Analysis
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Bullish View
Bearish View
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