RSI is stands for Relative Strength Index. It is one of the best indicator in technical analysis it helps in where to buy and where to sell of Shares.
Basically RSI oscillates between 0 to 100. When it cross above 70 that means share is overbought it can go down and if RSI cross below 30 that means oversold it can go up.
Here in this picture i select by rectangle the overbought and oversold situation which are above 70 are overbought and which are below 30 are oversold.
Basically RSI oscillates between 0 to 100. When it cross above 70 that means share is overbought it can go down and if RSI cross below 30 that means oversold it can go up.
Here in this picture i select by rectangle the overbought and oversold situation which are above 70 are overbought and which are below 30 are oversold.
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