Mr. Vivek Bajaj will show you how to use the relative strength index to gauge a stock's strength in this 23rd lesson of the Learn2Trade series. The Relative Strength Index, created by Mr. James Welles Wilder displays a stock's strength based on its performance over the previous 14 days. He will go over the Relative Strength Index in detail and provide a thorough analysis. Last but not least, He will go over a trading strategy that makes use of the Relative Strength Index and introduce the idea of divergence. Professional technical traders use the advanced technical analysis known as divergence. For more information on the Relative Strength Index, watch the entire video.

What You Will Learn

Welcome to this episode of Learn2Trade with Vivek Bajaj. In this episode you will get a clear understanding of Relative Strength Index and its use for trading in the stock market. This is decorated for traders both who are pro and beginners in the stock market.

Mr. Bajaj explains RSl, which is actually a momentum indicator which  gives insights to price action and movements of a particular stock.

He explores RSI's role as a confirmation tool, validating trends identified by other indicators or chart patterns with examples regarding stocks. Moreover, he introduces the concept of Divergence—a phenomenon where the price movement of an asset diverges from the RSI indicator. 

So, do not miss this opportunity to develop your understanding regarding Relative Strength Index and enhance your skills in Stock trading. Watch the full episode now!