it may be a long term call as RSI conversion showing on a daily chart, so it can't be a intraday call? u may go long
Ankita_yadav
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@Religare-Begusarai, it haven't crossed 77. That's why intraday didn't get active
UnknownUnicorn646072
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yes right time to buy
R-Begusarai
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its sell call as RSI showing breakdown
Ankita_yadav
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@Religare-Begusarai, RSI didn't show the same level of downward movement(green line) as it occurred in price (red line)...that means price is not moving with high momentun
R-Begusarai
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@Ankita_yadav, whenever RSI showing downtreand and Price showing uptreand, it means such stock will surely go down as Idea did so today.
R-Begusarai
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@Religare-Begusarai, sorry...I saw ur chart just opposite that u posted the stock price below the RSI...that is why I asked such funny question. Yes, Price will go up as RSI showing...sorry again
Ankita_yadav
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@Religare-Begusarai, Rsi didn't show the same level of downtrend as showed by price...look at the green line and red line...Green line is Rsi and red line is for price
R-Begusarai
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@Ankita_yadav, agree with u...actually u posted RSI chart above the Stock price chart and I thought as usual that RSI chart is stock price chart..so I thought wrong and asked...