sawal:explain the terms overbought & oversold

Re: Sawal:Explain the terms Overbought & Oversold

Jnb aap nain bht a hi bt ki hai aur bht a hi tarah define kiya hai k overbought kia hai aur oversold kia hai Jub bhi koi market musalsal up ja rahi ho to isko overbought kehtay hain us main Jo basic curruncy hoti hai woh musalsal up ja rahi hoti hai ya Jo qoute curruncy hoti hai woh musalsal down ja rahi hoti hai aur oversell main is k opposite ja rahi hoti hai movement aur aap nain bilkul sahi kaha hai is k liye rsi best indicator hai is main do point hotay hain 30 or 70 aur agar 30 ki reading aa rahi ho to oversell hota hai aur agar 70 reading ho to overbought hoti hai market.