What is RSI? How to identify the buying zone?

[clintonfernando]

RSI full form is Relative Strength Index.It is a technical Non trending indicator.Here price movement will be shown on a scale having 70 and 30 points.

Price movement above 70 shows OVER BOUGHT area and price movement BELOW 30 shows OVER SOLD area

BUYING ZONE When price crosses ABOVE exactly at 30 it the right point to buy…

[tamilselvi]

RSI is a type of technical indicator..the full form of RSI is Relative Strength Index..when the price movement curve move above 30% then it is a buying zone

[Christopher]

Relative Strength Index is the technical indicator used in the analysis of financial markets.It helps to identify Overbought and Oversold region.

Volume is not included while calculating.

This works in Range bound or non trending

>70% overbought — getting overvalued,so pullback —- SELL
<30% oversold —— getting undervalued, so ————— BUY

[Divya S]

relative strength indicator is a n trending indicator, it works well during side ways.

RSI > 70 indicates strength and RSI < 30 indicatess weakness

the RSI above 30 is the buyng zone

[ROOBINI.N]

Relative strength indicator is a technical indicator used in financial markets

RSI>70 indicates strength and RSI<30 indicates weakness

When the price element curve is above 30% it is called buying zone

 

 

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