RSI dip in an uptrend

Buy short dips inside a long-term uptrend: price above the 200 EMA and RSI climbing back above 30.

Rules

  • Timeframe: daily candles
  • Entry: RSI(14) crosses above 30 and close above EMA 200
  • Exit: RSI(14) crosses above 70
  • Stop-loss: 5% below entry

Why it can work

The 200 EMA filter keeps you on the side of the bigger trend; RSI times the bounce after a pullback.

Where it fails

Strong falls can keep RSI low for long; the stop-loss limits the damage.

Backtest this strategy free on any NSE stock →

See profit / loss, win rate, drawdown and every trade on the chart. Change any rule in the builder.

For learning only. Past results do not guarantee future returns. Not investment advice.