RSI = below 20 oversold above 80 overbot... This is not a very good indicator though..
Nifty Trend = Khushi's Sheet Trend...I mean nowaday's Nifty in pathetically bearish trend ......When market opens GAP UP there is more probability that it comes down ( this is trend for now ), hence if you see any Stock with earlier mentioned indicators then go for it...more chances are you will be right...otherwise bad luck ...
Stock Inherent movement : Compare ICICI stock movement Versus Some Kotak or Yes bank... which moves faster ??? icici... thats good for trade...
Ok..these are my understandings...i am not a expert though...use your intelligence ...
Nifty Trend = Khushi's Sheet Trend...I mean nowaday's Nifty in pathetically bearish trend ......When market opens GAP UP there is more probability that it comes down ( this is trend for now ), hence if you see any Stock with earlier mentioned indicators then go for it...more chances are you will be right...otherwise bad luck ...
Stock Inherent movement : Compare ICICI stock movement Versus Some Kotak or Yes bank... which moves faster ??? icici... thats good for trade...
Ok..these are my understandings...i am not a expert though...use your intelligence ...
thanks frnd
help very much appreciated