BC RS

How to find stocks having high RS ( Relative Strength) Rating for positional trades/investment 👇

Step 1. Go to Marketsmith India website or download their App

Step 2. Sign up by filling some basic details

Step 3. Go to Idea Lists ( Screen best stocks)
Step 4. Select MarketSmith Stock Screens
Step 5. Select Recent Breakouts
Step 6. Switch to Tabular View ( Located at Top Right Side) & sort stocks by RS rating ( Highest to Lowest)
There will be some micro & nano cap stocks which you can eliminate from the list..Study the stocks on technical charts to find good entry points & if you may do some fundamental checks then it will be an added advantage..
This tweet is not for promotion/ advertisement..I found this website genuine so though of sharing it with all

Happy Investing😊

More from Shubham Mishra🇮🇳⚡

More from Rs

#RS is an indicator which helps in finding strong stock or index in the market.

This learning thread would be on
"𝙐𝙨𝙚𝙨 𝙤𝙛 𝙍𝙚𝙡𝙖𝙩𝙞𝙫𝙚 𝙎𝙩𝙧𝙚𝙣𝙜𝙩𝙝"

Shared some strategy.

Like👍 & Retweet🔄for wider reach and for more such learning thread in the future.

1/22

Most of us would confuse it with Relative Strength Index (RSI) but Relative Strength is a different indicator.

We have already covered about "Uses of RSI" in below thread👇
https://t.co/oTOrW7joNI

One can go through this if you haven't.

2/22


Now coming to Relative Strength (RS).

It is basically a strategy used in momentum investing which shows strength or weakness between two asset classes (two stocks, index, commodity).

One can read about this in below

As of now, I am using this indicator on .@tradingview platform.

It's free and one can add it in their Tradingview account as well, using this link👇
https://t.co/FxCjJFsNOG

There are multiple variants in this as well. Some traders use multiple time frame RS.

4/22

RS basically compares returns of one stock/index with the returns of benchmark stock/index at a particular time horizon.

Let's say, I want to analyze TCS and Benchmark Index is Nifty.

5/22

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