Chart Discovery

Category: Relative Strength

  • Market Analysis_18_02_2024

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    by

    Pratik
    in ,

    Top performer Nifty reached its peak on January 15th, which was 23 trading days ago. Currently, Nifty is trading at the same level it was at then. Therefore, we will examine the stocks and sectors that have outperformed Nifty during this time frame. Here’s some stocks that is showing outperformance. Only consider taking a position…

  • Relative strength

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    by

    Pratik
    in

    Speedometer of stocks. There are two types of speedometers to gauge the momentum or speed of a stock: Relative Strength Index (RSI) and Comparative Relative Strength. In very vague terms, RSI represents the speed of a stock, much like a car traveling at 40 km/h or 100 km/h. It provides information solely about the speed or momentum of stocks, without any…

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