RSI is Relative Strength Index.
search on google search for RSI 70% and it will show a list of stocks which are about to or crossed 70% RSI level. You can view graph with rsi and price data on chartink.com.
1. go to chartink.com
2. choose selections as:
Period: All Data
Range: Monthly
Type: Candlestick
3. enter symbol and choose stock
It will show chart with price and rsi. Look for RED areas in RSI (Relative Strength Index) graph. During it you can buy. So when RSI goes more than 70% we buy and when it goes lower than 70% we sell. RSI is not price.
Also use stop loss for buy price. If say we buy for Rs 100 knowing RSI is 75% and price goes down to Rs 90 we use stop loss of 90 and sell it instead.
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