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

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    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

  • NSE

    AXISBANK

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    BAJAJ-AUTO

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    BAJFINANCE

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    BAJAJFINSV

  • NSE

    BPCL

  • NSE

    BHARTIARTL

  • NSE

    BRITANNIA

  • NSE

    CIPLA

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    COALINDIA

  • NSE

    DIVISLAB

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    DRREDDY

  • NSE

    EICHERMOT

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    GRASIM

  • NSE

    HCLTECH

  • NSE

    HDFCBANK

  • NSE

    HDFCLIFE

  • NSE

    HEROMOTOCO

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    HINDUNILVR

  • NSE

    INFY

  • NSE

    KOTAKBANK

  • NSE

    LTIM

  • NSE

    LT

  • NSE

    M&M

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    NESTLEIND

  • NSE

    ONGC

  • NSE

    POWERGRID

  • NSE

    RELIANCE

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    SHRIRAMFIN

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    SBIN

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    TCS

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    TATACONSUM

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    TATASTEEL

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    TECHM

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    TITAN

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    ULTRACEMCO

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    WIPRO