VideoWhat the RSI indicator actually tells you (and what it doesn't)
RSI measures how stretched a recent move is on a 0 to 100 scale. It is useful for timing, useless for prediction, and misread by most beginners.
Technical analysis
A price level where a stock has repeatedly stopped rising because sellers appear, acting like a ceiling until it is broken.
Resistance is a price zone where a rising stock has stalled before, because enough sellers show up there to absorb the buying. It might be a previous high, a round number, a moving average, or a level where many traders bought before a fall and now want to exit at breakeven. If SBI has turned down from around ₹820 three times in two months, ₹820 is resistance. Traders use it in two ways: some sell or take profit near it, expecting a rejection; others wait for a clean close above it with volume, treating that as a breakout. Once broken, old resistance often becomes new support, because buyers who missed the move step in on the retest. Resistance is a zone, not an exact line, and it gets weaker each time price tests it. Always define where the idea fails with a stop loss.
VideoRSI measures how stretched a recent move is on a 0 to 100 scale. It is useful for timing, useless for prediction, and misread by most beginners.
A candle is four prices drawn as one shape. Learn to read the shape first, then five patterns that only mean something at the right place on the chart.
Support and resistance are the prices where the market has changed its mind before. Here is how to find the ones worth marking and how to use them with a stop.