ScannersStrategies

TriStar RSI

The strategy takes a long position when RSI indicates a bullish trend confirmed by Pivot Point

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

RSI(28,0) crosses above 70 and Close(0) higher than Pivot point(r1,standard,No)

BUY 100 shares when RSI(28,0) crosses above 70 and Close(0) higher than Pivot point(r1,standard,No) at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 100 shares at stop loss % of 1.5 or target profit % of 3.0 at 5min candle interval using Candlestick chart chart.

Stop Loss

1.5

Target Profit

3

Stocks

  • NSE

    ADANIENT

  • NSE

    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

  • NSE

    AXISBANK

  • NSE

    BAJAJ-AUTO

  • NSE

    BAJFINANCE

  • NSE

    BAJAJFINSV

  • NSE

    BEL

  • NSE

    CIPLA

  • NSE

    ETERNAL

  • NSE

    GRASIM

  • NSE

    HCLTECH

  • NSE

    HEROMOTOCO

  • NSE

    HINDUNILVR

  • NSE

    JIOFIN

  • NSE

    MARUTI

  • NSE

    NESTLEIND

  • NSE

    RELIANCE

  • NSE

    SBIN

  • NSE

    TCS

  • NSE

    TATAMOTORS

  • NSE

    ULTRACEMCO