Momentum based on RSI is as follows-
RSI— 55-60~mild long(25%),
RSI— 60-65~moderate long(50%)
RSI— 65-70~strong long (75%)
RSI Above 70~ very strong long (100%)
RSI is one of the most versatile indicators in the stock market.
— elearnmarkets (@elearnmarkets) July 3, 2021
View Webinar: https://t.co/Mlov60NPY2
Join @jhunjhunwala_b and learn how to pick multibagger stocks based on some RSI range rules
Use Code WEB20 for 20% OFF.#rsi #stockmarketindia #stocks #profits pic.twitter.com/eVu3SlsxaJ
A Tattoo has been posting selective screenshots of my Tweets to this followers to showcase how I do not know how to use RSI.
— Nishant Kumar (@nishkumar1977) November 29, 2020
While he runs his shop showing other people down, here are the basics for the wise:
1) RSI above 70 gets into overbought zone but it's the crossover from
I am quite different from your style. I follow the market's volatility very closely. I have mock positions in 7-8 different strategies which allows me to stay connected. Whichever gives best profit is usually the one i trade in.
— Sarang Sood (@SarangSood) August 13, 2019
Anilji most of the time these days Theta only falls when market moves. So the Theta actually falls where market has moved to, not where our position was in the first place. By shifting we can come close to capturing the Theta fall but not always.
— Sarang Sood (@SarangSood) June 24, 2019
This week has been great so far. The main aim is to be in the right side of the volatility, rest the market will reward.
— Sarang Sood (@SarangSood) July 3, 2019
There is a difference between theta decay & fall in vega. Decay is certain but there is no guaranteed profit as delta moves can increase cost. Fall in vega on the other hand is backed by a powerful force that sells options and gives handsome returns. Our job is to identify them.
— Sarang Sood (@SarangSood) February 12, 2020