Technical indicators based on algorithm are just indicators and not the decision makers.These are something like ready made analysis. Need to study for one month We need to understand and trigger action suitably. .Moving average is good in the trending. But may not work during sideways. Where as RSI works during non trending. The price trend chart is simplified to a smaller scale and monitored between 30 and 70. We can identify over bought and over sold .Trendy When comes down and crosses below 70 is a signal for selling. Similarly when crosses 30 and above from low level is signal to buy.

1 Comment
  1. vignesh 6 years ago

    Hi sir,
    your work is good.

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