Nifty Near Over Sold Levels - RSI near 20

Nifty is nearing oversold levels and a good indicator of that is RSI (Relative Strength Index). Right now, RSI is very close to 20 and approaching it. It is only a question of time before Nifty bounces back from this over sold situation.

These are good indicators for long term investors to bottom fish and to pick the right times to invest. Make sure to pick the right stock. That is still even more important. Read my book to sharpen your skills on art of stock picking.