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.

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

  BPCL

• NSE

  BHARTIARTL

• NSE

  BRITANNIA

• NSE

  CIPLA

• NSE

  COALINDIA

• 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

  MARUTI

• NSE

  NTPC

• NSE

  NESTLEIND

• NSE

  ONGC

• NSE

  RELIANCE

• NSE

  SBILIFE

• NSE

  SHRIRAMFIN

• NSE

  SBIN

• NSE

  TATACONSUM

• NSE

  TATAMOTORS

• NSE

  TATASTEEL

• NSE

  TITAN

• NSE

  TRENT

• NSE

  ULTRACEMCO