Profile picture
, 5 tweets, 4 min read
My Authors
Read all threads
RSI Simplified📒

🔵Its one of the leading indicator which measures the strength of any move in price
🔵Its an oscillator which moves between two extremes (0—100)
🔵Reading above 70 indicates overbought while below 30 indicates oversold sentiments

1/n
 #StockMarket #Technicals
RSI Simplified📒

How to trade with #RSI
🔵50—70 is as zone where trades buy the #stocks by considering other factors (BO, Divergences)
🔵Below 40 is weakness zone where some traders do selling
🔵40-50 is an indecision zone where most of the traders avoid trading & wait for BO
RSI Simplified📒

Trading Divergences📈
🔵There are 2 type of divergences occurs b/w RSI&Price (Bullish & Bearish)
🔵In Bullish Divergence RSI makes HH-HL while price doesn't do it
🔵In Bearish Divergence RDI makes LH-LL while price doesn't do it

3/n
 #StockMarket #Technicals
RSI Simplified📒

Trading Checklist for RSI
🔵 Buy on bullish or positive divergences
🔵 Sell on Bearish or negative divergences
🔵 Wait if divergence is very low in nature
🔵 Remember more the divergence better the success rate of trade

4/n
 #StockMarket #Technicals
RSI Simplified📒

📈Case Study💡
🔵We can see RSI bearish or negative divergence in the pic
🔵RSI cont. making LL-LH pattern while price is making HH-HL pattern (Selling or Profit Booking zone)
🔵It is often considered as fake move as well in ST charts

End of Thread
Thanks🙏
Missing some Tweet in this thread? You can try to force a refresh.

Keep Current with Stock Market Scientist™

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Related hashtags

#StockMarket #Technicals #RSI #stocks

More from @MarketScientist see all

Profile picture
Stock Market Scientist™
@MarketScientist
Price Patterns Simplified📒

🔵There are 2 types of price patterns in Technical Analysis

1️⃣Continuation:
It occurs when the trend continues in its existing direction following by a pause in ST

2️⃣Reversal:
It occurs when a price pattern signals a change in trend direction

1/n
Price Patterns Simplified📒

Continuation Patterns📈
🔵There are 3 common CP...
1️⃣Pennants—It is made using two converging trendlines
2️⃣Flags-It is drawn with two parallel trendlines
3️⃣Wedges-It is made with two converging trendlines, where both are angled either up or down

2/n
Price Patterns Simplified📒

Continuation Patterns📈
4️⃣Triangles
Its a pattern depicted by drawing trendlines along a converging price range

5️⃣Cup & Handle
Its is a bullish continuation pattern where an upward trend has paused & starts rising again after BO

3/n
 #StockMarket
Read 4 tweets
Profile picture
Stock Market Scientist™
@MarketScientist
Rural India Theme 🇮🇳

Consumption - FMCG 🛒
🔵India's FMCG sector is estimated around $100 B in 2020
🔵Urban markets with a population share of 35% are driving 65% consumption in FMCG sector
🔵Rural markets with a population share of 65% are contributing 35% in FMCG sector

1/n
Rural India Theme 🇮🇳

FMCG 🛒
🔵Rural India FMCG market is estimated around $35B & it is expected to reach $200B by 2025
🔵Rising income, more nuclear families & changing lifestyle are the factors to drive the growth
🔵Its a big opportunity for FMCG players to tap into

2/n
Rural India Theme 🇮🇳

FMCG 🛒
🔵To grab the larger pie out this market FMCG players have started taking lot of initiatives & expanding their business in rural areas
🔵ITC has doubled its rural penetration last year
🔵Emami also added many new distributors in rural markets

3/n
Read 5 tweets
Profile picture
Stock Market Scientist™
@MarketScientist
🇮🇳 Agriculture theme🌾

Seeds 🌱
🔵Indian seed market is estimated around $4.5 Billion in 2020 & it is expected to grow with 13% CAGR to reach $9 Billion by 2024—25
🔵India contributes around 4% in Global seed market which lead by US & China with more than 65% market share

1/n
🇮🇳 Agriculture theme🌾

Seeds 🌱
🔵India's seed market has grown by 12% in last 5 years v/s 7% growth in global seed market
🔵Seed market is dominated by grains with more than 50% market share
🔵Cotton leads the seeds market with 20% share followed by maize with 15% share

2/n
🇮🇳Agriculture theme🌾

Seeds🌱
🔵With increasing awareness farmers have now started using better seeds to yield good production of crops
🔵With growing production there is immense potential & opportunity for India to increase its share in $70 Billion seeds market 🌍

3/n
Read 4 tweets

Embed code for your website

×
Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!