Equip yourself with all potential uses of RSI in it’s simplest and best form to catch the trend and trending movement in stocks or indices. Understanding of RSI can give you good confidence and conviction on the trades that you are taking and finally opens a door to maximize the profit and minimize losses.
The relative strength index (RSI) is a momentum indicator used in technical analysis that measures the magnitude of recent price changes to evaluate overbought or oversold conditions in the price of a stock or other asset. The RSI is displayed as an oscillator (a line graph that moves between two extremes) and can have a reading from 0 to 100.
Anyone who is interested in learning RSI and have some basic knowledge of Technical Analysis.
FNO Data Expert