RSI Trading Strategy Explained (Relative Strength Index) – bse2nse.com

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This video explains RSI (Relative Strength Index). Trading strategies that can be framed based on RSI.

RSI is a momentum based technical indicator … RSI computes momentum as the ratio of higher closes to lower closes

RSI rise from 20 to 60 is a good indicator of a start of a Rally
RSI fall from 80 to 40 is a good indicator of a start of a Bearish Fall