Multi-Stock RSI Strategy

Stocks Intermediate F&O Stocks Nifty 50 Stocks Nifty 200 Stocks Sector Baskets

Works in Range-Bound to Mildly Trending Markets

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Quick Reference

Strategy Type Mean Reversion with RSI Screening Across Universe
Market Outlook Works in Range-Bound to Mildly Trending Markets
Risk Level Low to Moderate
Time Horizon Short to Medium Term (2-10 days typical)
Best Conditions Stocks at RSI extremes with reversal confirmation, sector rotation opportunities, oversold bounces in uptrends
Avoid When Strong trending markets, momentum crashes, extreme fear (VIX > 30), earnings season peaks

India-Specific Notes

Universe Options

Nifty 50 Top 50 large caps by market cap • Highest • Conservative approach, lower volatility
Nifty 100 Top 100 large caps • High • Balanced approach
Nifty 200 Large + Mid caps • Medium-High • More opportunities, higher volatility
Fo Stocks All F&O eligible stocks • ~180 • High (mandatory for F&O) • Options strategies, leverage
Sector Specific Single sector (Banking, IT, Pharma, etc.) • 10-20 per sector • Varies • Sector specialists, focused analysis

Scan Timing

Eod Scan After 3:30 PM for next day trades
Intraday Scan Every 30 minutes for active traders
Weekly Review Friday EOD for swing positions

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