Bank Nifty Hits 7-Month Low; RSI at 14-Month Oversold Levels – What’s Next? Bank Nifty Hits 7-Month Low; RSI at 14-Month Oversold Levels – What’s Next? The decline has dragged the Bank Nifty to a fresh seven-month low Karan Dsij / Friday, January 10, 2025 0 21 Article rating: 3.8 The RSI, which measures the momentum of price movements, has fallen below the 30-mark for the first time in over 14 months. The last instance of the Bank Nifty’s RSI breaching this level was in October 2023. Read more