NIFTY & BANK NIFTY
RSI AT 80
RSI(RELATIVE STRENGTH INDEX)-The relative strength index is a momentum indicator that looks at the pace of recent price changes to determine whether a stock is ripe for a rally or a selloff.
Simply above 80 overbought (bearish sign)
below 30(bullish sign)
RSI(RELATIVE STRENGTH INDEX)-The relative strength index is a momentum indicator that looks at the pace of recent price changes to determine whether a stock is ripe for a rally or a selloff.
Simply above 80 overbought (bearish sign)
below 30(bullish sign)
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