ScannersStrategies

RSI MA Crossover

The strategy initiates a sell position when the momentum and trend turn bearish. The strategy uses RSI Moving Averages and the RSI indicator. Suitable for bearish trending markets.

Order Type

MIS

Position Type

SELL

Time Frame

5min

Entry Conditions

Multitime frame(5min, RSI MA(14,exponential,9,0) crosses below RSI MA(14,exponential,21,0) ) and Multitime frame(5min, RSI(14,0) lower than 50 )

SELL 1 share when Multitime frame(5min, RSI MA(14,exponential,9,0) crosses below RSI MA(14,exponential,21,0) ) and Multitime frame(5min, RSI(14,0) lower than 50 ) at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

BUY 1 share at stop loss % of 1 or target profit % of 2 at 5min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

2

Stocks

  • NSE

    ADANIENT

  • NSE

    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

  • NSE

    AXISBANK

  • NSE

    BAJAJ-AUTO

  • NSE

    BAJFINANCE

  • NSE

    BAJAJFINSV

  • NSE

    BEL

  • NSE

    ETERNAL

  • NSE

    INDUSINDBK

  • NSE

    JSWSTEEL

  • NSE

    LT

  • NSE

    NTPC

  • NSE

    POWERGRID

  • NSE

    RELIANCE

  • NSE

    SHRIRAMFIN

  • NSE

    TCS

  • NSE

    TATACONSUM

  • NSE

    TATAMOTORS

  • NSE

    TRENT

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO