Edelweiss Financial Services Limited stock was chosen. RSI indicator applied. On 08-05-19, trend crossed below 30% mark hence it indicates weakness. On 08-05-19, trend crossed above 30% mark so it indicates over sold. Hence Long position was taken at Rs.149.5 with stop loss of Rs. 136.8. Target achieved in 4 days.
Edelweiss Financial Services Limited_Relative Strength Index (RSI)
