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

    BPCL

  • NSE

    BHARTIARTL

  • NSE

    BRITANNIA

  • NSE

    CIPLA

  • NSE

    COALINDIA

  • NSE

    DIVISLAB

  • NSE

    DRREDDY

  • NSE

    EICHERMOT

  • NSE

    GRASIM

  • NSE

    HCLTECH

  • NSE

    HDFCBANK

  • NSE

    HDFCLIFE

  • NSE

    HEROMOTOCO

  • NSE

    HINDALCO

  • NSE

    HINDUNILVR

  • NSE

    ICICIBANK

  • NSE

    ITC

  • NSE

    INDUSINDBK

  • NSE

    INFY

  • NSE

    JSWSTEEL

  • NSE

    KOTAKBANK

  • NSE

    LTIM

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NTPC

  • NSE

    NESTLEIND

  • NSE

    ONGC

  • NSE

    POWERGRID

  • NSE

    RELIANCE

  • NSE

    SBILIFE

  • NSE

    SHRIRAMFIN

  • NSE

    SBIN

  • NSE

    SUNPHARMA

  • NSE

    TCS

  • NSE

    TATAMOTORS

  • NSE

    TATASTEEL

  • NSE

    TITAN

  • NSE

    ULTRACEMCO