RSI Dip Buy in Uptrend — NIFTY Midcap 100
Side
long
Universe
NIFTY MIDCAP 100
Interval
1d
Stop
6%
Entry
textRSI < 30 AND CLOSE > SMA200Exit
textRSI > 55FAQ
What is the RSI Dip Buy in Uptrend — NIFTY Midcap 100 strategy?
Buys when RSI drops under 30 while price is still above its 200-day average — a healthy uptrend that has merely pulled back — and sells into strength as RSI recovers past 55. A disciplined buy-the-dip rule that only fades weakness inside a confirmed uptrend. Backtested across the NIFTY Midcap 100…
What are the entry and exit rules?
It enters when RSI < 30 AND CLOSE > SMA200, 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 6% 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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