TSR RSI Bullish Range Shift Scanner | Find Strong Uptrend Stocks
| Code | Price | Chart | |||||
|---|---|---|---|---|---|---|---|
| AARTIIND | 505.2 | ||||||
| AARTIPHARM | 867.25 | ||||||
| AETHER | 1646.4 | ||||||
| AJANTPHARM | 3481.7 | ||||||
| AKUMS | 769.7 | ||||||
| ALIVUS | 1417.9 | ||||||
| ANANDRATHI | 2198.3 | ||||||
| ANTHEM | 934.5 | ||||||
| APARINDS | 16813.0 | ||||||
| APLAPOLLO | 2210.0 | ||||||
| ASHOKLEY | 167.9 | ||||||
| ASKAUTOLTD | 623.85 | ||||||
| ASTRAL | 1487.0 | ||||||
| ATHERENERG | 1686.1 | ||||||
| AVALON | 2189.6 | ||||||
| AZAD | 2785.8 | ||||||
| BAJAJ-AUTO | 12130.0 | ||||||
| BAJFINANCE | 1055.9 | ||||||
| BAJAJFINSV | 1990.0 | ||||||
| BALKRISIND | 2335.0 |
TSR RSI Bullish Range Shift Scanner
What is RSI Bullish Range Shift?
Bullish Range Shift occurs when the Relative Strength Index (RSI) moves from a bearish range into a bullish range and starts holding above key support levels, typically RSI > 40. On retracement, the RSI finds support near 40–50 and then resumes its upward move. This behavior indicates that buyers are in control and the stock is likely to remain in an uptrend.
TSR Bullish RSI Range Shift scanner readily identifies such stocks, and you can view the results in both graphical and data views.
Use the Charts in the Screener results to observe how the RSI behaves during strong uptrends. You'll notice that the RSI repeatedly bounces from the 40–50 zone before moving higher.
Note that RSI Range Shift Scanner parameters, like RSI Level can be customised in this scanner.
Trading Strategy
- Entry: Consider entering when the RSI bounces from the 40-45 level, confirming that bullish momentum is intact.
- Stop-loss: Exit the trade if the RSI falls below 35, as this may indicate that the bullish range has failed.
- Profit Target: Consider booking profits when the RSI crosses above 70-75, or trail your stop-loss to ride a strong trend.
How to Use This Scanner
- TSR Bullish RSI Range Shift scanner identifies stocks where the RSI has shifted into a bullish range, helping you find stocks with improving momentum before the next upward move.
- You can further customize the scanner by changing the RSI levels or the RSI period to match your trading style.
- Aggressive Traders may use a higher level of RSI > 50 and Target as 80.
- Conservative trader may use RSI > 35 with a target of 65-70 with a stop loss of 30.
- Use Weekly Tick for positional trading.
Best Used For
- Identifying stocks entering a strong bullish momentum phase.
- Finding uptrending stocks after a bullish RSI range shift.
- Ideal for swing trading and positional trading.
- Can be applied on Intraday, Daily, Weekly, and Monthly charts.
- Works best in trending markets where momentum remains strong.
- Avoid in Sideways Market.
TSR Scanner Features
- Real-Time Alerts: Receive instant notifications via WhatsApp or Email when scanner conditions are met.
- Fine-Tune Filter: Improve results by combining RSI with Technical and Fundamental.
- Custom Tracking: Scan stocks from your watchlist or selected stock baskets.
- Backtesting Capabilities: Test the strategy using historical market data.
- Flexible Timeframes: Apply the scanner from 1, 2, 3, 5, 10.... Min to Monthly charts.
- Auto Refresh: Continuously updates results with the latest market data.
- Custom Columns: Add Technical and Fundamental fields to customize the scanner results.
Fine Tune : You can customise these screeners by clicking on 'Fine Tune Filter' Option
Caution : All these screeners are crafted based on some historical scenarios which may / may notbe applicable here. We recommend to fine tune them according to current market conditions or seek expert advise before taking any decision.