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) |
|---|---|---|---|---|---|---|---|
| DIXONDixon Technologies (India) Limited | Consumer Durables | ₹12,319.00 | +11.99% | 47 | 50.55 | 39.52 | 5.95× |
| SUVENSuven Life Sciences Limited | Healthcare | ₹271.75 | +4.98% | 34 | 39.35 | 26.92 | 0.62× |
| ASHIANAAshiana Housing Limited | Infrastructure | ₹351.60 | +4.35% | 30 | 43.26 | 16.09 | 4.57× |
| HAPPYFORGEHappy Forgings Limited | Metal | ₹1,752.70 | +0.26% | 27 | 30.57 | 43.16 | 1.24× |
| INDOBORAXIndo Borax & Chemicals Limited | Chemicals | ₹405.50 | +4.30% | 25 | 36.33 | 26.33 | 0.44× |
| DEEDEVDEE Development Engineers Limited | Metal | ₹523.70 | +3.19% | 23 | 34.85 | 31.06 | 0.47× |
| EPACKPEBEPack Prefab Technologies Limited | Engineering & Capital Goods | ₹218.18 | +4.68% | 20 | 39.56 | 26.04 | 0.56× |
| SUDARSCHEMSudarshan Chemical Industries Limited | Chemicals | ₹1,029.20 | +3.33% | 19 | 36.11 | 21.52 | 0.37× |
| ACEAction Construction Equipment Limited | Engineering & Capital Goods | ₹1,021.50 | +2.69% | 19 | 35.47 | 33.09 | 0.97× |
| VENUSREMVenus Remedies Limited | Pharma | ₹1,300.50 | +5.00% | 13 | 33.39 | 21.73 | 0.99× |
| STYLAMINDStylam Industries Limited | Consumer Durables | ₹2,853.00 | +4.02% | 12 | 35.28 | 30.94 | 0.82× |
| UNIVCABLESUniversal Cables Limited | Infrastructure | ₹1,230.60 | +2.23% | 9 | 33.16 | 25.83 | 0.51× |
👀 Setting up (27)
| Stock | Sector | Close | Chg | Score | RSI (14) | ADX (14) | Relative volume (RVOL) |
|---|---|---|---|---|---|---|---|
| OFSSOracle Financial Services Software Limited | IT | ₹9,744.00 | -2.51% | 34 | 34.83 | 34.25 | 0.66× |
| TMBTamilnad Mercantile Bank Limited | Bank | ₹784.85 | -2.06% | 32 | 33.03 | 23.50 | 1.28× |
| REDINGTONRedington Limited | Trading & Distribution | ₹330.45 | +1.07% | 31 | 33.04 | 32.16 | 1.14× |
| RISHABHRishabh Instruments Limited | Electrical Equipment | ₹610.05 | -2.32% | 30 | 32.67 | 27.49 | 0.48× |
| TALBROAUTOTalbros Automotive Components Limited | Auto | ₹355.55 | +0.61% | 27 | 34.58 | 36.50 | 0.57× |
| HAPPYFORGEHappy Forgings Limited | Metal | ₹1,752.70 | +0.26% | 27 | 30.57 | 43.16 | 1.24× |
| VMARTV-Mart Retail Limited | Retail | ₹738.15 | -0.18% | 24 | 31.87 | 19.41 | 0.47× |
| SHIVALIKShivalik Rasayan Limited | Chemicals | ₹296.75 | -0.93% | 24 | 33.82 | 29.25 | 1.26× |
| BALRAMCHINBalrampur Chini Mills Limited | FMCG | ₹599.90 | +1.76% | 24 | 34.68 | 25.04 | 1.08× |
| MODISONLTDMODISON LIMITED | Electrical Equipment | ₹331.75 | -3.63% | 23 | 28.89 | 26.49 | 2.08× |
| KAPSTONKapston Services Limited | Commercial & Business Services | ₹483.25 | -1.32% | 23 | 32.45 | 37.34 | 2.73× |
| DEEDEVDEE Development Engineers Limited | Metal | ₹523.70 | +3.19% | 23 | 34.85 | 31.06 | 0.47× |
| INOXINDIAINOX India Limited | Packaging | ₹1,843.90 | -0.88% | 20 | 34.58 | 20.10 | 0.52× |
| GREENPLYGreenply Industries Limited | Consumer Durables | ₹264.70 | -6.37% | 18 | 33.17 | 15.07 | 1.03× |
| COMSYNCommercial Syn Bags Limited | Packaging | ₹205.59 | +1.23% | 17 | 24.61 | 32.14 | 3.20× |
| FINCABLESFinolex Cables Limited | Infrastructure | ₹1,137.40 | -0.23% | 16 | 34.60 | 38.76 | 0.57× |
| E2EE2E Networks Limited | IT | ₹496.45 | -4.60% | 16 | 29.47 | 22.82 | 1.25× |
| VIDYAWIRESVidya Wires Limited | Metal | ₹80.17 | -1.35% | 15 | 32.95 | 17.79 | 0.58× |
| INDOTECHIndo Tech Transformers Limited | Electrical Equipment | ₹2,640.00 | -2.79% | 15 | 32.52 | 34.35 | 0.17× |
| BEPLBhansali Engineering Polymers Limited | Oil & Gas | ₹106.78 | +0.63% | 15 | 32.92 | 29.86 | 0.35× |
| AEGISLOGAegis Logistics Limited | Oil & Gas | ₹1,100.10 | +0.31% | 15 | 32.66 | 24.80 | 1.24× |
| ARTEMISMEDArtemis Medicare Services Limited | Healthcare | ₹283.60 | -3.27% | 14 | 34.13 | 26.86 | 0.66× |
| VENUSREMVenus Remedies Limited | Pharma | ₹1,300.50 | +5.00% | 13 | 33.39 | 21.73 | 0.99× |
| AEQUSAequs Limited | Defence | ₹206.67 | -2.99% | 13 | 29.77 | 31.10 | 0.52× |
| BLUESTONEBlueStone Jewellery and Lifestyle Limited | Consumer Durables | ₹663.35 | -1.66% | 12 | 31.12 | 30.99 | 0.47× |
| SENORESSenores Pharmaceuticals Limited | Pharma | ₹1,119.60 | -1.26% | 11 | 32.34 | 22.34 | 1.38× |
| UNIVCABLESUniversal Cables Limited | Infrastructure | ₹1,230.60 | +2.23% | 9 | 33.16 | 25.83 | 0.51× |
🛡️ 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 | 44.9% | -0.49% | 0.84 | +0.0% |
| 30 | 229 | 53.3% | -0.02% | 0.99 | -0.0% |
| 35 | 706 | 54.2% | +0.25% | 1.13 | +0.1% |
Fragile At least one nearby setting has a negative average trade — treat the headline with caution. Profitable average trade in 38.5% of years with 5+ trades.
📅 By year (walk-forward view)
| Year | Trades | Win | Avg trade |
|---|---|---|---|
| 2014 | 12 | 41.7% | -1.79% |
| 2015 | 17 | 58.8% | -0.44% |
| 2016 | 11 | 72.7% | -1.08% |
| 2017 | 12 | 83.3% | +6.18% |
| 2018 | 32 | 43.8% | -0.70% |
| 2019 | 16 | 37.5% | -1.07% |
| 2020 | 17 | 58.8% | -2.02% |
| 2021 | 20 | 65.0% | +1.94% |
| 2022 | 10 | 50.0% | -0.54% |
| 2023 | 20 | 40.0% | -2.94% |
| 2024 | 32 | 53.1% | +0.22% |
| 2025 | 17 | 52.9% | +2.09% |
| 2026 | 13 | 53.8% | +1.44% |
Most recent trades in the test
| Stock | Entry | Exit | Return |
|---|---|---|---|
| TITAN | 2026-10-06 | 2026-10-21 | -3.86% |
| TRENT | 2026-10-07 | 2026-10-08 | -1.01% |
| NESTLEIND | 2026-09-17 | 2026-10-01 | -6.15% |
| ADANIPORTS | 2026-08-03 | 2026-08-17 | -0.98% |
| BSE | 2026-07-30 | 2026-08-13 | -0.51% |
| NTPC | 2026-06-09 | 2026-06-23 | +1.19% |
| 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% |
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.
