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We often hear that an RSI above 70 means "overbought" and below 30 means "oversold." But how true is this, and should we base our trading decisions solely on these zones?
In this session, Ashish Bahety, a SEBI-registered Research Analyst, debunks the common myths about the RSI (Relative Strength Index). He explains how to properly interpret RSI zones and avoid making wrong decisions based on them.
With simple, real-life chart examples, Ashish demonstrates how to analyze RSI effectively and use it to refine your trading strategy.
If you're confused about RSI or looking for better ways to use it in your trades, this session is a must-watch. Tune in to learn practical tips and trade smarter with RSI!
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Timestamp:
00:00 Preview
00:35 Debunking the Overbought and Oversold Myth of RSI
06:09 Understanding proper RSI Concepts with Real Chart Examples
10:18 Conclusion
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