200-DMA Support Bounce — NIFTY Smallcap 250
Side
long
Universe
NIFTY SMALLCAP 250
Interval
1d
Stop
5%
Entry
textLOW <= SMA200 * 1.02 AND CLOSE > SMA200 AND RSI > 40Exit
textRSI > 55FAQ
What is the 200-DMA Support Bounce — NIFTY Smallcap 250 strategy?
Buys when a stock dips to within 2% of its 200-day average and holds above it with RSI recovering — a bounce off a heavily-watched long-term support — and exits when RSI normalises above 55. Anchors entries to a structural support level rather than an arbitrary oversold reading. Backtested across…
What are the entry and exit rules?
It enters when LOW <= SMA200 * 1.02 AND CLOSE > SMA200 AND RSI > 40, and exits when RSI > 55.
Is it a long or short strategy?
It trades the long side — it takes long positions when the entry condition fires.
What are the risk controls?
It uses a 5% stop-loss, with equal position sizing.
How do I backtest it?
Open the strategy and run a backtest to see its historical signals and equity curve on Indian market data before deploying it.
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