What is RSI? How to identify the buying zone?

[v geetha]

RSI is Relative Strength Index. It is a non trending indicator which works during sideways movement. RSI > 30 indicates buying zone

[Ayyasamy muthukumar]

RSI Relative strength index

Here price movements shown on scale 30 and 70 points

If RSI is more than 70,indicates strength buying zone(with high  volume )

If RSI is less than 30 indicates weakness selling zone

[Ganesh]

The relative strength index (RSI) is a technical indicator used in the analysis of stock market. RSI works exceptionally well when it comes into side way.

The buying zone will happen when the trending is moving above the lower scale 30 mark

[Johnson]

Relative Strength Index(RSI) is an oscillator that measures the strength of any trading stock by monitoring changes in its closing prices.

When RSI declines below the reference line ,it show the bears are strong but the market is oversold and entering its buy zone

[M Prem Rajan]

RSI is relative strength index calculated by the profit and loss in the last 14-21 trading days divided by the trading day;s number. The buying zone is when the RSI number falls below 30 and selling zone is when the number goes above 70.

[Author]

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