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  • #68328
    monish kumar
    Participant
    Rank: Level 4

    Hello sir, here one should consider today bharti airtel as flag breaked also the volume is considerably good.but my concern is about only the RSI is very well above 70 and exactly RSI @ 77.3.which means a kind of the stock is look like over bought?

    rather to create long due to flag breakout? or

    keep away from this stock and wait till RSI reaches below 70 then one should execute short?

    #69090
    EQSIS
    Keymaster

    As yu said short can be considered only if RSI headed below 70.. Here the volume is not very impressive..

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