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

    BPCL

  • NSE

    BHARTIARTL

  • NSE

    BRITANNIA

  • NSE

    CIPLA

  • NSE

    COALINDIA

  • NSE

    DIVISLAB

  • NSE

    DRREDDY

  • NSE

    EICHERMOT

  • NSE

    HDFCBANK

  • NSE

    ITC

  • NSE

    INFY

  • NSE

    JSWSTEEL

  • NSE

    KOTAKBANK

  • NSE

    LT

  • NSE

    MARUTI

  • NSE

    ONGC

  • NSE

    POWERGRID

  • NSE

    RELIANCE

  • NSE

    SHRIRAMFIN

  • NSE

    SBIN

  • NSE

    SUNPHARMA

  • NSE

    TATACONSUM

  • NSE

    TATAMOTORS

  • NSE

    TATASTEEL

  • NSE

    TITAN

  • NSE

    WIPRO