Accenture warns on growth, Indian IT stocks tumbling — contrarian bounce play
Created
Thesis
Indian IT companies like Infosys often follow the lead of Accenture because they compete for the same global contracts. When Accenture warned about slower growth, these stocks dropped sharply — but that might be an overreaction. These companies still have massive cash reserves and loyal clients, so a single warning from a competitor probably won't derail their whole business. When good stocks fall too far too fast on general fear, they often bounce back once the panic settles. This could be a chance to buy quality tech names at a discount.
Strategy approach
Build a rule-based mean-reversion strategy that enters long INFY on H4 when RSI(14) drops below 30 and the price is more than 2 standard deviations below its 20-day SMA. Exit when RSI crosses back above 50 or after a 10-day max hold. Use a 3% stop loss.
Markets and timeframes
Latest published rule evaluation
Evaluated . This is a dated rule snapshot, not a live price or trade execution confirmation.
CTSH · 4h
0 of 2 published entry conditions marked met.
- RSI (14) below 30 — far
- Price below Bollinger (20) — near
- RSI (14) above 50 — met
INFY · 4h
0 of 2 published entry conditions marked met.
- RSI (14) below 30 — far
- Price below Bollinger (20) — near
- RSI (14) above 50 — met
WIT · 4h
0 of 2 published entry conditions marked met.
- RSI (14) below 30 — far
- Price below Bollinger (20) — near
- RSI (14) above 50 — met
Entry and exit at a glance
These are the named rules in the shared configuration. Review the full conditions below before using a strategy.
- Entry: Oversold RSI/BB Long (INFY@4h) (2 conditions)
- Entry: Oversold RSI/BB Long (CTSH@4h) (2 conditions)
- Entry: Oversold RSI/BB Long (WIT@4h) (2 conditions)
- Exit: Position Exit Rule (INFY@4h) (1 condition)
- Exit: Position Exit Rule (CTSH@4h) (1 condition)
- Exit: Position Exit Rule (WIT@4h) (1 condition)
- Exit: Stop Loss at 3.0% (1 condition)
- Exit: Take Profit at 10.0% (1 condition)
Shared strategy rules
Rule configuration
{
"data_dependencies": [
{
"symbol": "INFY",
"timeframe": "4h"
},
{
"symbol": "CTSH",
"timeframe": "4h"
},
{
"symbol": "WIT",
"timeframe": "4h"
}
],
"entry_rules": [
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "INFY",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 30
}
},
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "INFY",
"timeframe": "4h"
},
"field": "lower",
"indicator": {
"name": "bollinger_bands",
"period": 20,
"std_dev": 2
},
"type": "indicator"
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1_infy",
"name": "Oversold RSI/BB Long (INFY@4h)",
"priority": 1,
"trade_symbol": "INFY"
},
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "CTSH",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 30
}
},
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "CTSH",
"timeframe": "4h"
},
"field": "lower",
"indicator": {
"name": "bollinger_bands",
"period": 20,
"std_dev": 2
},
"type": "indicator"
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1_ctsh",
"name": "Oversold RSI/BB Long (CTSH@4h)",
"priority": 2,
"trade_symbol": "CTSH"
},
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "WIT",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 30
}
},
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "WIT",
"timeframe": "4h"
},
"field": "lower",
"indicator": {
"name": "bollinger_bands",
"period": 20,
"std_dev": 2
},
"type": "indicator"
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1_wit",
"name": "Oversold RSI/BB Long (WIT@4h)",
"priority": 3,
"trade_symbol": "WIT"
}
],
"exit_rules": [
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "INFY",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 50
}
}
],
"enabled": true,
"id": "exit_1_infy",
"name": "Position Exit Rule (INFY@4h)",
"priority": 1,
"purpose": "signal",
"target_symbol": "INFY"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "CTSH",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 50
}
}
],
"enabled": true,
"id": "exit_1_ctsh",
"name": "Position Exit Rule (CTSH@4h)",
"priority": 2,
"purpose": "signal",
"target_symbol": "CTSH"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "WIT",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 50
}
}
],
"enabled": true,
"id": "exit_1_wit",
"name": "Position Exit Rule (WIT@4h)",
"priority": 3,
"purpose": "signal",
"target_symbol": "WIT"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "less_than_or_equal",
"right": {
"type": "constant",
"value": -3
}
}
],
"enabled": true,
"id": "exit_2",
"name": "Stop Loss at 3.0%",
"priority": 10,
"purpose": "stop_loss"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 10
}
}
],
"enabled": true,
"id": "exit_3",
"name": "Take Profit at 10.0%",
"priority": 11,
"purpose": "take_profit"
}
],
"position_sizing": {
"max_position_percent": 25,
"method": {
"risk_percent": 2,
"stop_loss_percent": 3,
"type": "fixed_risk"
},
"min_position_value": 100
},
"trigger_timeframe": "4h",
"version": 1
}Indicator configuration
{
"indicators": [
{
"name": "rsi",
"period": 14
},
{
"name": "bollinger_bands",
"period": 20,
"std_dev": 2
},
{
"name": "rsi",
"period": 14
},
{
"name": "bollinger_bands",
"period": 20,
"std_dev": 2
},
{
"name": "rsi",
"period": 14
},
{
"name": "bollinger_bands",
"period": 20,
"std_dev": 2
}
]
}Parsed strategy
{
"data_dependencies": [
{
"symbol": "INFY",
"timeframe": "4h"
},
{
"symbol": "CTSH",
"timeframe": "4h"
},
{
"symbol": "WIT",
"timeframe": "4h"
}
],
"entry_rules": [
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "INFY",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 30
}
},
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "INFY",
"timeframe": "4h"
},
"field": "lower",
"indicator": {
"name": "bollinger_bands",
"period": 20,
"std_dev": 2
},
"type": "indicator"
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1_infy",
"name": "Oversold RSI/BB Long (INFY@4h)",
"priority": 1,
"trade_symbol": "INFY"
},
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "CTSH",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 30
}
},
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "CTSH",
"timeframe": "4h"
},
"field": "lower",
"indicator": {
"name": "bollinger_bands",
"period": 20,
"std_dev": 2
},
"type": "indicator"
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1_ctsh",
"name": "Oversold RSI/BB Long (CTSH@4h)",
"priority": 2,
"trade_symbol": "CTSH"
},
{
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "WIT",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "less_than",
"right": {
"type": "constant",
"value": 30
}
},
{
"left": {
"field": "close",
"type": "price"
},
"operator": "less_than",
"right": {
"chart_ref": {
"symbol": "WIT",
"timeframe": "4h"
},
"field": "lower",
"indicator": {
"name": "bollinger_bands",
"period": 20,
"std_dev": 2
},
"type": "indicator"
}
}
],
"direction": "long",
"enabled": true,
"id": "entry_1_wit",
"name": "Oversold RSI/BB Long (WIT@4h)",
"priority": 3,
"trade_symbol": "WIT"
}
],
"exit_rules": [
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "INFY",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 50
}
}
],
"enabled": true,
"id": "exit_1_infy",
"name": "Position Exit Rule (INFY@4h)",
"priority": 1,
"purpose": "signal",
"target_symbol": "INFY"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "CTSH",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 50
}
}
],
"enabled": true,
"id": "exit_1_ctsh",
"name": "Position Exit Rule (CTSH@4h)",
"priority": 2,
"purpose": "signal",
"target_symbol": "CTSH"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"chart_ref": {
"symbol": "WIT",
"timeframe": "4h"
},
"indicator": {
"name": "rsi",
"period": 14
},
"type": "indicator"
},
"operator": "greater_than",
"right": {
"type": "constant",
"value": 50
}
}
],
"enabled": true,
"id": "exit_1_wit",
"name": "Position Exit Rule (WIT@4h)",
"priority": 3,
"purpose": "signal",
"target_symbol": "WIT"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "less_than_or_equal",
"right": {
"type": "constant",
"value": -3
}
}
],
"enabled": true,
"id": "exit_2",
"name": "Stop Loss at 3.0%",
"priority": 10,
"purpose": "stop_loss"
},
{
"applies_to": "both",
"conditions": [
{
"left": {
"field": "unrealized_pnl_percent",
"type": "position"
},
"operator": "greater_than_or_equal",
"right": {
"type": "constant",
"value": 10
}
}
],
"enabled": true,
"id": "exit_3",
"name": "Take Profit at 10.0%",
"priority": 11,
"purpose": "take_profit"
}
],
"position_sizing": {
"max_position_percent": 25,
"method": {
"risk_percent": 2,
"stop_loss_percent": 3,
"type": "fixed_risk"
},
"min_position_value": 100
},
"trigger_timeframe": "4h",
"version": 1
}Strategy instructions
Trading agent generated from recommendation idea 'Accenture warns on growth, Indian IT stocks tumbling — contrarian bounce play'. Thesis: Indian IT companies like Infosys often follow the lead of Accenture because they compete for the same global contracts. When Accenture warned about slower growth, these stocks dropped sharply — but that might be an overreaction. These companies still have massive cash reserves and loyal clients, so a single warning from a competitor probably won't derail their whole business. When good stocks fall too far too fast on general fear, they often bounce back once the panic settles. This could be a chance to buy quality tech names at a discount.
Performance
No trade count, win rate, or realized P&L figures are provided in this public preview. The thesis and shared rules do not establish a performance record.
What this public preview can establish
- The dated rule snapshot above shows the conditions evaluated at that time. It does not prove a current trigger or executed trade.
- Technical strategy fields are shared above. Inspect the actual conditions and check when they were evaluated before relying on them.
- No trade count, win rate, or P&L figure is published in this preview. It cannot establish a performance record.
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