Example: Trading using RSI with Overbought/Oversold Signals

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Case Study: Cairn India Limited

The chart below is of Cairn India Limited for a period from October 2009 to June 2010.We have plotted points where RSI is considered overbought when above 70 and oversold when below 30.

Example of trading using RSI with Overbought/Oversold Signals : Cairn India Limited

If RSI is above 70, wait till it drops below 70, similarly when RSI is below 30, then wait for it till it rises above 30 before you do trading. We will try to study such a scenario with an example/case study.Few trading occasions:
1. First occassion
2. Second occassion
3. Third occassion
4. Fourth occassion
5. Fifth occassion

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Total Comments 2

User Comments
Posted by jayant
Posted on: 21-Jul-2016

Posted by Guest
Posted on: 18-Jul-2015
good good and again good

(All analysis is based on End of Trade day's Value. Expected time of update is between 5 to 5.30 PM exchange time Zone)

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