There are two types of Technical Indicators : Moving Average and Relative Strength Index. The indicators are using Algorithm for price movement. Moving average will work in Trending Area and will not work in sideways Market. But RSI will work exceptionally good in sideways Market. Technical Indicator is a supporting tool/pattern to confirm the trend . It is only an Indicator and not a decision maker.Price and Volume would automatically be studied by the indicators. 70 and 30 marks should be highlighted using RSI indicator.. If RSI>70 shows strength. IF <30 shows weakness.
Recently Active Members
Bullish View
Bearish View
-
Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
-
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
-
Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
-
Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
-
Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
