Rish_bish_j

Alok Ind and it's RSI, almost equal!

Short
NSE:ALOKINDS   ALOK INDUSTRIES LTD
Look out at Alok Industries. NSE:ALOKINDS
The stock closely follows the RSI . Their graphs are almost identical!
Assumption the sellers use the RSI indicator extensively and sell as soon the as the RSI goes above 70.
It is suggested to follow the RSI to long/short or buy/sell this stock.