Opportunity in a Bear Market - A Ready Scanner

[bbrijesh]

How to Find Potentially Bullish Stocks During Market Corrections:

To help our readers identify opportunities in this volatile environment, we focus on two key technical indicators:

1. Golden Cross on the Daily Chart

2. Oversold RSI (Relative Strength Index)

A Ready Scanner in RZONE is available for traders looking to take advantage of this market correction.

Read more here https://www.definedgesecurities.com/blog/education/opportunity-in-a-bear-market/

[Arijit Nag-1717011552312]

Sir, I have checked it for one of the stocks(AIAENG, from your shared list) but didn't find the golden crossover. Am I missing something?

[bbrijesh]

@Arijit Nag Golden Cross is when 50DEMA is above 200DEMA - CMP shouldn't necessarily be above the DEMA's.

[Arijit Nag-1717011552312]

Ok Sir, I thought it was about crossing over, thanks for the clarification.

[lalit mundhra-1705918256659]

sir can u please make one video because scanner one not matching

[Shyam S-1703479572662]

@Brijesh-Bhatia @Neha-Pandey
Sir , Just now checked the scanner BUT in the public library its not available ,looks like its available only in Zone and not in tradepoint

[bbrijesh]

@Shyam S Yes it is available in Zone.

You can create in Tradepoint as well.

Criteria

1. DMA1 (50) > DMA2 (200) - Consider EMA
2. RSI in Oversold Zone

[rajnandini.darkase@gmail.com]

What will be exit criteria if it started falling more

[bbrijesh]

@Rajnandini Darkase Death Cross

[bbrijesh]

@L M Can you plz share the chart which is not matching?