RSI(14) Oversold Bounce
Buy short-term weakness inside long-term strength.
▶ Entry
RSI(14) crosses back above 30 while above the 200-day SMA.
Screener form: rsi14 crosses above 30 AND close > sma200 — RSI (14) crosses above 30 and Close > SMA 200.
■ Exit
RSI(14) rises above 55, or a 10-session time stop.
Signals are read on the close; the backtest fills at the next session's open.
| Stock | Sector | Close | Chg | Score | RSI (14) | ADX (14) | Relative volume (RVOL) |
|---|---|---|---|---|---|---|---|
| ATGLAdani Total Gas Limited | — | ₹660.70 | +12.56% | 73 | 63.10 | 27.52 | 70.93× |
| POONAWALLAPoonawalla Fincorp Limited | Financial Services | ₹479.40 | +10.77% | 63 | 59.12 | 22.39 | 9.27× |
| SGFINSG Finserve Limited | Financial Services | ₹630.95 | +1.78% | 30 | 35.90 | 22.72 | 0.44× |
| SUMICHEMSumitomo Chemical India Limited | Chemicals | ₹460.85 | +1.19% | 27 | 30.03 | 35.24 | 3.16× |
| PATELRMARTPatel Retail Limited | — | ₹205.77 | +1.44% | 26 | 35.06 | 19.96 | 0.23× |
| RAJRATANRajratan Global Wire Limited | Metal | ₹452.60 | +3.31% | 25 | 36.50 | 24.54 | 1.52× |
| DHANBANKDhanlaxmi Bank Limited | Bank | ₹29.47 | +2.04% | 19 | 33.11 | 19.85 | 0.43× |
👀 Setting up (16)
| Stock | Sector | Close | Chg | Score | RSI (14) | ADX (14) | Relative volume (RVOL) |
|---|---|---|---|---|---|---|---|
| TITANTitan Company Limited | Consumer Durables | ₹4,798 | -0.88% | 41 | 34.11 | 31.24 | 2.29× |
| UDSUpdater Services Limited | — | ₹189.82 | +0.83% | 34 | 33.67 | 33.16 | 0.18× |
| FEDERALBNKThe Federal Bank Limited | Bank | ₹332.75 | +0.00% | 34 | 34.83 | 20.41 | 2.94× |
| ELECTHERMElectrotherm (India) Limited | Metal | ₹925.50 | -0.77% | 34 | 30.92 | 18.10 | 0.61× |
| TATATECHTata Technologies Limited | IT | ₹722.45 | -4.78% | 33 | 32.25 | 11.70 | 2.25× |
| JLHLJupiter Life Line Hospitals Limited | Healthcare | ₹280.05 | +0.83% | 33 | 34.41 | 38.55 | 1.90× |
| DIXONDixon Technologies (India) Limited | Consumer Durables | ₹13,005 | -2.14% | 30 | 30.70 | 33.36 | 1.04× |
| SOLARINDSSolar Industries India Limited | Chemicals | ₹18,555 | -1.38% | 29 | 33.99 | 33.25 | 0.93× |
| MODISModis Navnirman Limited | Realty | ₹352.40 | +0.96% | 29 | 34.65 | 22.45 | 0.36× |
| SUMICHEMSumitomo Chemical India Limited | Chemicals | ₹460.85 | +1.19% | 27 | 30.03 | 35.24 | 3.16× |
| GUJALKALIGujarat Alkalies and Chemicals Limited | Chemicals | ₹638.70 | -5.20% | 27 | 32.13 | 30.65 | 1.40× |
| SKMEGGPRODSKM Egg Products Export (India) Limited | FMCG | ₹229.75 | -0.93% | 26 | 33.31 | 20.13 | 0.44× |
| INGERRANDIngersoll Rand (India) Limited | — | ₹4,156 | -1.64% | 25 | 28.94 | 27.04 | 1.47× |
| BHAGCHEMBhagiradha Chemicals & Industries Limited | Chemicals | ₹246.85 | -0.44% | 25 | 31.47 | 20.79 | 2.69× |
| BCLINDBcl Industries Limited | — | ₹33.06 | -0.33% | 25 | 30.87 | 27.07 | 0.44× |
| DHANBANKDhanlaxmi Bank Limited | Bank | ₹29.47 | +2.04% | 19 | 33.11 | 19.85 | 0.43× |
🛡️ Robustness — Oversold level
The published rule uses 30. If the edge vanishes one step either side, it was probably fitted to history.
| Oversold level | Trades | Win | Avg trade | PF | Median CAGR |
|---|---|---|---|---|---|
| 25 | 49 | 46.9% | -0.55% | 0.82 | +0.0% |
| 30 | 224 | 53.6% | -0.20% | 0.92 | +0.0% |
| 35 | 703 | 54.5% | +0.20% | 1.1 | +0.1% |
Fragile At least one nearby setting has a negative average trade — treat the headline with caution. Profitable average trade in 23.1% of years with 5+ trades.
📅 By year (walk-forward view)
| Year | Trades | Win | Avg trade |
|---|---|---|---|
| 2014 | 13 | 46.2% | -0.50% |
| 2015 | 17 | 58.8% | -0.44% |
| 2016 | 11 | 72.7% | -1.08% |
| 2017 | 13 | 84.6% | +5.98% |
| 2018 | 32 | 43.8% | -0.70% |
| 2019 | 17 | 41.2% | -1.00% |
| 2020 | 16 | 56.2% | -2.55% |
| 2021 | 19 | 63.2% | +1.55% |
| 2022 | 9 | 55.6% | -0.18% |
| 2023 | 20 | 40.0% | -2.94% |
| 2024 | 31 | 51.6% | -0.28% |
| 2025 | 15 | 46.7% | -0.28% |
| 2026 | 11 | 63.6% | +2.56% |
Most recent trades in the test
| Stock | Entry | Exit | Return |
|---|---|---|---|
| INDIGO | 2026-09-18 | 2026-09-18 (open) | -0.30% |
| NESTLEIND | 2026-09-17 | 2026-09-18 (open) | -1.07% |
| ADANIPORTS | 2026-08-03 | 2026-08-17 | -0.98% |
| NTPC | 2026-06-17 | 2026-07-01 | +0.49% |
| SBIN | 2026-04-02 | 2026-04-20 | +7.81% |
| AXISBANK | 2026-03-17 | 2026-04-02 | -3.89% |
| MARUTI | 2026-02-04 | 2026-02-18 | +2.55% |
| BHARTIARTL | 2026-01-30 | 2026-02-13 | +4.38% |
| M&M | 2026-01-29 | 2026-02-11 | +7.19% |
| ADANIPORTS | 2026-01-23 | 2026-02-04 | +7.75% |
| LT | 2026-01-20 | 2026-02-04 | +4.22% |
| ETERNAL | 2025-12-10 | 2025-12-24 | -2.10% |
| APOLLOHOSP | 2025-12-05 | 2025-12-19 | -4.11% |
| TATASTEEL | 2025-12-11 | 2025-12-16 | +5.42% |
| ETERNAL | 2025-11-12 | 2025-11-26 | -2.69% |
Catching a falling knife if the long-term trend breaks; the 200-DMA filter reduces but does not remove that.
Test assumptions: long only, one position per stock, next-open fills, 0.2% round-trip cost, split-adjusted prices without dividends, current Nifty 50 members (survivorship bias). Past results do not predict future returns.
Open the AI Backtester with these rules pre-filled, pick a stock and a date range, and add your own stop-loss or target.
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.
