What is RSI? How to identify the buying zone?

[Aruna]

If RSI is below 30 marks can be considered as buying ZONE

[satish katwate]

<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>RSI- Relative Strength Index</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>When RSI is below 30 indicates stock is oversold and indicating buying zone.</p>

[monish kumar]

The technical indicator which indicates buying/selling that is highly trusted during sideways movement.

when prices move down below 30 and comes up again 30 then temporary strength is indicated one should buy after price reaching 30.

[AMARNATH]

<span style=”color: #22313f; font-family: Georgia, ‘Times New Roman’, Times, serif;”>Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally, and according to Wilder, RSI is considered overbought when above 70 and oversold when below 30. Signals can also be generated by looking for divergences, failure swings and centerline crossovers. RSI can also be used to identify the general trend.</span>

[prprasad]

Relative Strength Index (RSI). RSI <30 is th buying zone.

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