RSI may be the Secret Keepers of the mark sentiments but Shankarnath is our open secret keeper of where to educate oneself properly. I just can't thank you enough for being the Dhronacharya (without seeking a thumb but seeking only thumbs up) of all the Ekalavyas of investment out there.
Can't thank you enough Shankar . Recently got to know about RSI,I was searching for a better source to understand more and here you are with it . Thanks a lot Shankar
Hii, Shankar Nath sir I'm 19 y.o from South India, started investing in the stock market when i was 17 y.o Subscriber & regular viewer of this channel since it had under 2,000 subscribers, came to know about you as i was watching ur videos in ET Money, loved your content a lottt, if u increase the frequency of your video uploads will be too great to know more abt finance Kindly consider my request in making a complete series on technical indicators & parameters like, MACD, Slow Stochastic (Momentum Indicator), Trendline, Super Trend, Support & Resistance, Pivots, Fibonacci & other technical formations like: Flag pattern, cup & handle, descending & ascending triangle, etc....
So nice of you. Thanks for your continued support and encouragement for many months. I love the phrase "loyal audience" .. and that's what will be my focus for this coming year as I try different formats. Look forward to your feedback as always.
Congratulations Shankar on reaching 100K mark. Looking at channels like yours, I still have a hope for this world. Very happy to see 'great' content being recognized by audience. Having said that, one question w.r.t. RSI. When I change the timeline from 5years to 3 months, the RSI number changes. Any guidance/suggestions?
Thank you very much Vinod ji for your kind appreciation and encouragement. With re RSI, I believe this is a particular point in time metrics i.e. it keeps on changing on a daily basis. I'm not sure a timeline like 5 years or short duration like 3 months is likely to have an impact. My readings show that the popular RSI is based on 14-day data with other alternatives being 9-day and 25-day. Ofcourse, may I request you to check this from other sources aswell as I'm just a beginner to technical indicators
@@shankarnath I shall share the example and also research potential reasons. By the way, I use your guide on Peter Lynch screener and the stocks that came out have done very well in several months. Of course I do additional checks w.r.t the underlying fundamentals, but the screener does give a good short list of good candidates. Thank you for that video!
Hi Sankar sir, Very good explanation. We learn more N more technical knowledge in stock market. Keep doing rocks. After 2 decades most of us sitting with good wealth. Thanks a lot. 👍😍🙏
Hi Shankar, as usual a really good and educational video. I would sincerely request you to do a similar video for MACD and also if you can include the MACD parameters mentioned in screener, that would be really helpful. Again, I thank you from the bottom of my heart for helping all of us.
Most welcome. Yes, the RSI concept works on stocks, ETFs, even mutual funds (using NAVs), currency, commodity prices and many such financial instruments
Most welcome. I tend to use audio and visual clues in my videos like tables, charts, newspaper clippings, text which is different from what I am saying etc. Even some of my close friends have told me that my videos can't be treated as a podcast & they can't listen to it when going to work. From my point of view, a video is an AV tool and needs to have audio and visual clues.
@@shankarnath Sir, i just wanted to say that your content is so informative and interesting to me that i do like to watch your video as i do not want to miss anything. The topic you choose are also very interesting and the knowledge you gave is awesome. Thank you sir.
Thank you for valuable input. I have two questions 1. Does the RSI keep changing everyday or what's the frequency that RSI will update? 2. Where can we check historical RSI values to make buy or sell decision?. Because i want to buy stocks that whose RSI keep increasing till one point
Thanks for the concise and precise video! You earned my sub! I wish you had also covered hidden divergences, which i have never been able to understand.
The perception has changed now. It is 60/40 rule now. A stock trading above 60 is bullish and can stay there for long. Similarly stock trading below 40 is bearish and can stay below 40 for long. This is Andrew Cardwell’s principle. What is your thought on this.🎉
But the current concept of RSI is 6❤0/40 rule and it can stay for extended period above 60 or below 40 when it is extremely bullish or bearish as the case may be. What is your opinion. This formula is as per Andrew Cardwell.
Thanks. I havent tried it myself but Sentinel (Zerodha) allows for many alerts. Pls try that out. Alternately, look at www.streak.tech in case that helps .. check with their customer support if they can offer the feature you desire.
Shankar Ji, Awesome content 🙂. We need to check it in daily/weekly/monthly - please check and confirm. thanks. I hope we need to check for daily time frame.
Hi Shankar.. I have recently started following your videos and thanks for putting together this content. 1 question on RSI - Do you suggest RSI for short term trades or can it be used for identifying long term investing opportunities as well?
Welcome aboard! RSI is an oscillator i.e. the number keeps on going from up and down between 0 and 100. Case in point is Asian Paints (an example I took in this video) where the RSI was above 70 in July and below 30 in October. This helped us with a probable time to enter and exit a stock and had no semblance to long-term investability of Asian Paints. Personally, I think RSI is helpful more as an entry/exit point determinant and not as a long-term investing strategy
You should probably make a video on leading and lagging indicators and if its possible to use a combination of those to enter markets with more certainty.. Just a suggestion!!
Hello Shankar sir, I have been a sub for a long time now, I would request you make a video on how can one generate returns in falling markets without directly participating in trading. Like funds or any instrument that would benefit from falls and volatility.
Thank you for your continued patronage. If markets are falling or likely to fall and the objective is to generate returns from one's capital, then perhaps equity is not the right choice. A debt instrument or funds like an arbitrage fund can ensure some semblance of returns here. There's an article that came on Mint on this same question (www.livemint.com/money/personal-finance/which-mutual-fund-is-suitable-for-fresh-investors-in-falling-stock-market-11671851807790.html) .. and the expert there suggested hybrid funds.
Can you pls make a detailed video on SLPW system of NPS which is recently launched giving details on charges and process to avail and taxation. It will be very useful to all as your videos are deep and useful .
Sir if possible can you make a video on investing for child through plans like HDFC Sanchay Par Advantage and child plans like SBI Smart Scholar vs through mutual funds
@@shankarnathin your video you showed the simulation of Asian Paints and mentioned the difference you got by Holding vs. Selling/buying based on RSI indicators. This difference was the Alpha. My query was shouldn’t this Alpha be calculated after factoring the STCG on account of buying/selling frequently? I hope this clarifies. Many thanks again. Regards
Hi, thanks for claritying. It's an interesting question because when we think a layer deep, then this can be applied to every financial instrument. For example - a bank says 8% interest rate on FD but tax is definitely payable on the interest, so shouldn't it be saying 5.5%? Likewise, when a mutual fund reports a 3 year performance then instead of saying 15%, it should be factoring in the LTCG somewhere. And so on. Personally, I have rarely come across an instrument that declares returns on a post-tax basis so maybe it's industry practice .. and on a deeper level I can understand why, because -- taxation rates are different, LTCG has a 1 lakh exemption, the cap gain tax changes per instrument, some users have CG setoffs, some businesses take trades as capital gain while others apply it as business gain etc.
Is it advisable to do sip or pay via lumpsum mode ? There is a delay while doing investment via sip because of the banks payment gateway delay it seems. Many times I had noticed sip is not accepted by mutual funds on the same day where as lumpsum payment is getting updated with the fund house on the same day if we are paying before the cut off time … Can you please look into it and tell us.. if the market is down and nav is low for the day and if we are doing investment before the cut off time via lumpsum, fund house will accept the fund same day .. but for my monthly sip fund house is not accepting the payment same day .. may be becoz in sip fund house is not getting the payment same day before the cut off time ..
Hi, if time is of the essence then you can go for an ETF. This way, you won't have timing issues on account of money hitting the fund house account on time
Do these Ratios apply to long term investors as well ?(More than ten years) I see a lot of stocks with good valuations but high RSIs and this gets me confusing whether to buy or wait for RSI to come down
@@ajaychugh1 Most welcome Ajay ji. I personally dont use Alpha and Beta. Are you using it or have seen applications of it? If yes, please share as it will help in building context
Hi. I’m just wasting time watching all financial videos on RUclips. I’m not able to take decisions on investments. Kindly make a paid subscription and I’ll join.
RSI may be the Secret Keepers of the mark sentiments but Shankarnath is our open secret keeper of where to educate oneself properly. I just can't thank you enough for being the Dhronacharya (without seeking a thumb but seeking only thumbs up) of all the Ekalavyas of investment out there.
Thank you very much for your kind appreciation and continued support 🙌
Everyone teaches RSI, but no one talks about RSI divergence. Thanks for this information. I have learned a lot from you Shankar sir.
My pleasure. I'm glad to hear that
A novice learner, following rsi since months to track , this video increased my knowledge n confidence. Thank you for such a gr8 informative video
Glad to hear that. All the very best!
Can't thank you enough Shankar . Recently got to know about RSI,I was searching for a better source to understand more and here you are with it . Thanks a lot Shankar
Most welcome. I'm glad you found it useful
Absolutely perfect.
Data Collections , Presentation, Interpretation and Dedication bring lots clarity on your subject.
Many thanks! Glad you liked it 🙌
Hii, Shankar Nath sir
I'm 19 y.o from South India, started investing in the stock market when i was 17 y.o
Subscriber & regular viewer of this channel since it had under 2,000 subscribers, came to know about you as i was watching ur videos in ET Money, loved your content a lottt, if u increase the frequency of your video uploads will be too great to know more abt finance
Kindly consider my request in making a complete series on technical indicators & parameters like, MACD, Slow Stochastic (Momentum Indicator), Trendline, Super Trend, Support & Resistance, Pivots, Fibonacci & other technical formations like: Flag pattern, cup & handle, descending & ascending triangle, etc....
Thanks for the suggestions
Congrats on a year completion Shankar! Go ahead and capture a wider and more loyal audience base. Thank you for your work and stay blessed 😇
So nice of you. Thanks for your continued support and encouragement for many months. I love the phrase "loyal audience" .. and that's what will be my focus for this coming year as I try different formats. Look forward to your feedback as always.
Your thumbnails and the content never disappointed us
Thank you!
Congratulations Shankar on reaching 100K mark. Looking at channels like yours, I still have a hope for this world. Very happy to see 'great' content being recognized by audience.
Having said that, one question w.r.t. RSI. When I change the timeline from 5years to 3 months, the RSI number changes. Any guidance/suggestions?
Thank you very much Vinod ji for your kind appreciation and encouragement.
With re RSI, I believe this is a particular point in time metrics i.e. it keeps on changing on a daily basis. I'm not sure a timeline like 5 years or short duration like 3 months is likely to have an impact. My readings show that the popular RSI is based on 14-day data with other alternatives being 9-day and 25-day. Ofcourse, may I request you to check this from other sources aswell as I'm just a beginner to technical indicators
@@shankarnath I shall share the example and also research potential reasons.
By the way, I use your guide on Peter Lynch screener and the stocks that came out have done very well in several months. Of course I do additional checks w.r.t the underlying fundamentals, but the screener does give a good short list of good candidates. Thank you for that video!
@@vinodk5049 Thank you very much. I'm glad you found it useful
I liked much about your English language fluency
Nice all
Thank you!
Congratulations for 100 K subscribers.
Thank you so much 😀
Another piece of a marvelous video! More power to you. Thank you for very much 🙏
So nice of you. Most welcome 🙌
You are a great teacher. Hats off to you
Thanks a lot. I appreciate that!
Thank you for this and other well researched topics presented in such a lucid manner. 🎉
You're very welcome! Happy to know that you are finding these useful
Congratulations for your first 100K 📈
Thank you so much, Narendra 😀
Very lucid and informative 😀. Thank you for such a knowledge bursting video 😊
My pleasure, glad you found it useful
Hi Sankar sir,
Very good explanation. We learn more N more technical knowledge in stock market. Keep doing rocks. After 2 decades most of us sitting with good wealth. Thanks a lot. 👍😍🙏
Most welcome. Glad you found it useful
I liked the explaination verry much. Thank you and bring more on trend reversal.
Thank you very much!
highly informative and useful video. Thanks Shankar. Appreciate your sincere efforts sir.
Thank you very much for your kind words
Hi Shankar, as usual a really good and educational video. I would sincerely request you to do a similar video for MACD and also if you can include the MACD parameters mentioned in screener, that would be really helpful. Again, I thank you from the bottom of my heart for helping all of us.
Thanks for the suggestion, I'll try
Advance wishes to go past 100,000 subs🎉
Thank you very much 🙌
Congratulations 👏👏 100 k 🤘
Thank you very much 🙏
Amazing research, you make the topic very easy to understand. Thanks a lot. I have a question Can it be used for ETFs?
Most welcome. Yes, the RSI concept works on stocks, ETFs, even mutual funds (using NAVs), currency, commodity prices and many such financial instruments
Thanks Sir.. usually i listen to video while working but i can't do this to your video..
Most welcome. I tend to use audio and visual clues in my videos like tables, charts, newspaper clippings, text which is different from what I am saying etc. Even some of my close friends have told me that my videos can't be treated as a podcast & they can't listen to it when going to work. From my point of view, a video is an AV tool and needs to have audio and visual clues.
@@shankarnath Sir, i just wanted to say that your content is so informative and interesting to me that i do like to watch your video as i do not want to miss anything. The topic you choose are also very interesting and the knowledge you gave is awesome. Thank you sir.
@@dextor08 Most welcome.
Nicely Informative and knowledgeable Video ❤
Pls. Also cover with Stochastic RSI Sir😇
Thanks 🙌 . I'll try
Thank you for valuable input. I have two questions
1. Does the RSI keep changing everyday or what's the frequency that RSI will update?
2. Where can we check historical RSI values to make buy or sell decision?. Because i want to buy stocks that whose RSI keep increasing till one point
Hi,
1. Yes, RSI changes everyday
2. Please use tradingview, investing.com, screener.in or similar platforms.
Wonderful Video
Thank you very much!
excellent video as always!!
Glad you enjoyed it!
Thanks for the concise and precise video! You earned my sub! I wish you had also covered hidden divergences, which i have never been able to understand.
Most welcome and thanks for the suggestion
The perception has changed now. It is 60/40 rule now. A stock trading above 60 is bullish and can stay there for long. Similarly stock trading below 40 is bearish and can stay below 40 for long. This is Andrew Cardwell’s principle. What is your thought on this.🎉
But the current concept of RSI is 6❤0/40 rule and it can stay for extended period above 60 or below 40 when it is extremely bullish or bearish as the case may be. What is your opinion. This formula is as per Andrew Cardwell.
Great Work Sir.. 👏
Thanks a lot
As usual... Perfect One... One question.. how can we automate to get the signal based on RSI moving up & down so we don't miss the opportunity
Thanks. I havent tried it myself but Sentinel (Zerodha) allows for many alerts. Pls try that out. Alternately, look at www.streak.tech in case that helps .. check with their customer support if they can offer the feature you desire.
Good video. Can you pls have a similar explanation for MFI and how can one use RSI and MFI together for better decision making? Thanks.
Thanks for the suggestion. I'll try
Gem of a video
Thank you very much 🙌
Shankar Ji, Awesome content 🙂. We need to check it in daily/weekly/monthly - please check and confirm. thanks. I hope we need to check for daily time frame.
Thank you. 14-day RSI is the most popular indicator.
Awesome video
Thanks!
Your T-shirt is pretty good Shankar, which brand it is ?
Thanks. It's Van Heusen
Hi Shankar.. I have recently started following your videos and thanks for putting together this content. 1 question on RSI - Do you suggest RSI for short term trades or can it be used for identifying long term investing opportunities as well?
Welcome aboard! RSI is an oscillator i.e. the number keeps on going from up and down between 0 and 100. Case in point is Asian Paints (an example I took in this video) where the RSI was above 70 in July and below 30 in October. This helped us with a probable time to enter and exit a stock and had no semblance to long-term investability of Asian Paints. Personally, I think RSI is helpful more as an entry/exit point determinant and not as a long-term investing strategy
You should probably make a video on leading and lagging indicators and if its possible to use a combination of those to enter markets with more certainty.. Just a suggestion!!
@@anujarora2537my suggestion is you can use RSI for entry level at 30 to buy any stock , hold it for long term investment.
@@shankarnath more precisely RSI can be used for swing trading. Buy at 30 over bought zone and sell at over sold 70 zone
Great sir
Thanks
Hello Shankar sir, I have been a sub for a long time now, I would request you make a video on how can one generate returns in falling markets without directly participating in trading. Like funds or any instrument that would benefit from falls and volatility.
Thank you for your continued patronage. If markets are falling or likely to fall and the objective is to generate returns from one's capital, then perhaps equity is not the right choice. A debt instrument or funds like an arbitrage fund can ensure some semblance of returns here. There's an article that came on Mint on this same question (www.livemint.com/money/personal-finance/which-mutual-fund-is-suitable-for-fresh-investors-in-falling-stock-market-11671851807790.html) .. and the expert there suggested hybrid funds.
Good one👍
Thanks ✌️
Very informative video.
Glad it was helpful!
how is this RSI based investing different from Momentum investing?
Nice explanation
Thanks for liking
Can you pls make a detailed video on SLPW system of NPS which is recently launched giving details on charges and process to avail and taxation. It will be very useful to all as your videos are deep and useful .
Thanks for the suggestion
very informative
Glad you liked it
Sir if possible can you make a video on investing for child through plans like HDFC Sanchay Par Advantage and child plans like SBI Smart Scholar vs through mutual funds
I can try. Thanks for the suggestion
Where do I get RSI chart in Yahoo Finance? I can't find it
Dear Shankar, many thanks for your kind efforts. As always much helpful. Shouldn’t the Alpha considered after taking STCG? Thoughts? Regards
Most welcome. Can you elaborate the question with an example? I am unable to place the context
@@shankarnathin your video you showed the simulation of Asian Paints and mentioned the difference you got by Holding vs. Selling/buying based on RSI indicators. This difference was the Alpha. My query was shouldn’t this Alpha be calculated after factoring the STCG on account of buying/selling frequently? I hope this clarifies. Many thanks again. Regards
Hi, thanks for claritying. It's an interesting question because when we think a layer deep, then this can be applied to every financial instrument. For example - a bank says 8% interest rate on FD but tax is definitely payable on the interest, so shouldn't it be saying 5.5%? Likewise, when a mutual fund reports a 3 year performance then instead of saying 15%, it should be factoring in the LTCG somewhere. And so on.
Personally, I have rarely come across an instrument that declares returns on a post-tax basis so maybe it's industry practice .. and on a deeper level I can understand why, because -- taxation rates are different, LTCG has a 1 lakh exemption, the cap gain tax changes per instrument, some users have CG setoffs, some businesses take trades as capital gain while others apply it as business gain etc.
What time frame charts suppose to use?
Weekly or daily? Thank you
I use daily frequency.
@@shankarnath what about investment sir? Still need to use daily frequency? Thank you
Is it advisable to do sip or pay via lumpsum mode ? There is a delay while doing investment via sip because of the banks payment gateway delay it seems. Many times I had noticed sip is not accepted by mutual funds on the same day where as lumpsum payment is getting updated with the fund house on the same day if we are paying before the cut off time …
Can you please look into it and tell us.. if the market is down and nav is low for the day and if we are doing investment before the cut off time via lumpsum, fund house will accept the fund same day .. but for my monthly sip fund house is not accepting the payment same day .. may be becoz in sip fund house is not getting the payment same day before the cut off time ..
Hi, if time is of the essence then you can go for an ETF. This way, you won't have timing issues on account of money hitting the fund house account on time
Okay here goes my secret: just change the time frame to weekly and analyse. see the magic!!!
Good info. Ideally you should have shown how to see RSI on charts on a sample stock. It would have made video full pledged.
Gratitude
🙌
Try to send through UPI asking me my email password for which unable to do that.
Hello Bikashji, is this message addressed to me? Didn't understand
While making payment asking my email password is it okay@@shankarnath
I'm not sure. Sorry!
👍
Sir in earlier video you said you have a fd of 75 lakhs is it safe to put fd in small finance Bank sir
Oh, can you pls tell me which video? Kindly paste the link here in the comments and let me know the timestamp. Thanks!
Do these Ratios apply to long term investors as well ?(More than ten years)
I see a lot of stocks with good valuations but high RSIs and this gets me confusing whether to buy or wait for RSI to come down
❤
Thanks brother. Can you upload a video on ALPHA and BETA also
@@ajaychugh1 Most welcome Ajay ji. I personally dont use Alpha and Beta. Are you using it or have seen applications of it? If yes, please share as it will help in building context
@@shankarnath No sir. I haven't used it so far. But saw some videos on youtube about the same. I will share the link
लेकिन बेकटेस्ट में rsi का सक्सेस रेट मात्र 15% है , भरत झुनझुनवाला ने इस पर प्रॉपर रिर्सच वीडियो बनाई है
Hi. I’m just wasting time watching all financial videos on RUclips. I’m not able to take decisions on investments. Kindly make a paid subscription and I’ll join.
Thanks for the suggestion