
Mayank Bajpai
4.3K posts

Mayank Bajpai
@Maybajpa
IIIT-B I Individual Investor I Investing Enthusiast | AI & ML GenAI Specialist I share are not intended as buy or sell signals | RTF Framework






Can the Monthly RSI help identify major market extremes? Looking at the Nifty 500 over the past 20+ years, the answer is: surprisingly, yes. Major market peaks have typically formed when the Monthly RSI entered the 75-80+ zone, while major bear market bottoms have occurred when RSI approached the 30-40 zone. Since 2004: 🟢 Around 5 major overbought extremes 🔴 Around 4 major oversold extremes This doesn't tell you the exact top or bottom. It tells you when risk is increasing or when long-term opportunity is improving. That's how I like to use RSI: RSI >75 → Reduce aggression and review positions. RSI <35 → Start building a shopping list of quality stocks. RSI is a probability tool, not a prediction tool.










We're now Live with StockScans growth Catalyst and 3 most requested feature too.

@Maybajpa Could you create a video demonstrating how to build a custom index and shortlist stocks for it? Since there can be many other stocks as well, I’d like to understand your selection process and how you build and track it. Request to make compete post or video on this topic. Thanks






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