What is RSI? How to identify the buying zone?

[M S Vengatesan]

RSI  is Relative Strength Index to point  out the movement of share with topline at 70% and bottom at 30% , which means over bought or over sold. When the stocks crosses over 70% a pullback is expected and at 70% a short position may be created and in the other direction if the stocks goes below 30% it may bounce back and long position may be created at 30% level.

[harthik]

RSI – RELATIVE STRENGTH INDEX

it is a technical indicator where RSI greater than 30 means buy and RSI LESS than 70 means sell

[Sathish Kumar P T]

This was not part of the program.

Need to do self-study.

[Milanrp]

RSI- Relative strength index.

When the price moves above 30 line then buy.

[swaroopa]

The Full form of RSI is Relative Strength Index. If RSI > 30 than we can buy the stock

[Author]

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