Monthly RSI entering 50 is supposed to be strong. It can give us a multibagger over a period of 1 year or so. Enter once RSI sustains over 50. Exit upon RSI reaching 80 on monthly charts only.
5 March 2021 CMP - 242.35 Target - at least 100% in 1-2 years! Stop Loss - Rs.205/-
RSI above 50 is not my strategy. Video Link in Related Ideas at bottom.
I am taking position in RBL when RSI crosses and stays over 50 for 1-2 days.