What is RSI? How to identify the buying zone?

[Delhirani]

RSI is the Relative Strength Index identifies the overbought and oversold stock. It is the technical indicator used to understand the price movement in non-trending zone.

Price movement above 70 is overbought area and below 30 is oversold area. When price crosses above exactly at 30 then it is the right point to buy.

[Bagya]

Relative strength indicator is the technical indicator that works well during nontrending period.

Buying zone is identified when prize crosses the 30 mark line in uptrend.

[Ramkumar E]

RSI is non-trending Period.
Above the scale of 30 %.

[Shobhit Kapoor]

RSI is a technical indicator that is used during non trending period when the price is moving sideways. It works on a scale of 0-100, when RSI crosses 70 mark it reflects over bought & when RSI goes below 30 mark it reflects over sold. Buying should happen when price is moving upwards 30 with an uptrend.

[Nikhath]

Relative strength index (RSI) is a technical indicator that is used during non trending period or side ways movements of the price.

when RSI > 70, it means being over bought ; when RSI < 30, means over sold.

If RSI crosses the 30 mark in an upward trend ,then buy..

 

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