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over sold and over bought stock

Discussion in 'Technical Analysis' started by gambala91, Mar 8, 2013.

  1. gambala91

    gambala91 New Member

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    Accounts Officer
    Sir,
    Some sites shown over sold and over bought stock. Please elaborate about the same. can we execute our trade keeping in view the same.
     
    gambala91, Mar 8, 2013
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  2. shabbir

    shabbir Administrator Staff Member

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    No I don't prefer trading based on those parameters.
     
    shabbir, Mar 8, 2013
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  3. vishuhd1

    vishuhd1 Member

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    Try to refer the RSI link under Forum posts worth reading... Shabbir has nicely explained about over bought and over sold concepts.. I think these are associated with RSI and if you can follow the RSI oscillator trends, that will be of help to you..
     
    vishuhd1, Mar 8, 2013
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