Momentum Setup - Ankush Bajaj Momentum Investing Setup

// This Pine Script™ code is subject to the terms of the Mozilla Public License 2.0 at https://mozilla.org/MPL/2.0/
// © Arun_K_Bhaskar

//@version=5
indicator(title='Momentum Setup - Ankush Bajaj Momentum Investing Setup', shorttitle='AB Mom', overlay=true, max_bars_back=500, max_lines_count=500, max_boxes_count=500)

//_____________________________ Menu Indicators Start

g_pchg = '██████████████ 250 Candle % Change ██████████████'
tt_pchg = 
 "• Calculate the % change between the past 250th candle and the current candle." +
 "\n• For a bullish trend, the input value is considered positive; for a bearish trend, it's negative." +
 "\n• The default value is 8 for daily timeframe. For intraday timeframes like 5 minutes, change it to 2 or 4 or adjust as needed for other timeframes."

float i_pchg_250 = input.float(defval=8, title='Above/Below %', minval=0, tooltip=tt_pchg, group=g_pchg)

g_rsi = '███████████ Relative Strength Index (RSI) ███████████'
bool i_rsi_display = input.bool(defval=true, title='Display', group=g_rsi)
int i_rsi_len = input.int(defval=14, title='RSI Length', minval=1, group=g_rsi)
int i_rsi_sma_len = input.int(defval=14, title='SMA Length', minval=1, group=g_rsi)
int i_rsi_ob = input.int(defval=60, title='Overbought', minval=0, maxval=100, group=g_rsi)
int i_rsi_os = input.int(defval=40, title='Oversold', minval=0, maxval=100, group=g_rsi)
float i_rsi_voffset = input.float(defval=1.3, title='Vertical Offset', step=0.1, group=g_rsi)
float i_rsi_height = input.float(defval=2, title='Height', step=0.1, group=g_rsi)

g_mfi = '█████████████ Money Flow Index (MFI) █████████████'
bool i_mfi_display = input.bool(defval=true, title='Display', group=g_mfi)
int i_mfi_len = input.int(defval=14, title='MFI Length', minval=1, group=g_mfi)
int i_mfi_ob = input.int(defval=60, title='Overbought', minval=0, maxval=100, group=g_mfi)
int i_mfi_os = input.int(defval=40, title='Oversold', minval=0, maxval=100, group=g_mfi)
float i_mfi_voffset = input.float(defval=1.6, title='Vertical Offset', step=0.1, group=g_mfi)// 1.1
float i_mfi_height = input.float(defval=1, title='Height', step=0.1, group=g_mfi)//1.0

g_cci = '██████████ Commodity Channel Index (CCI) ██████████'
bool i_cci_display = input.bool(defval=true, title='Display', group=g_cci)
int i_cci_len = input.int(defval=20, title='CCI Length', minval=1, group=g_cci)
int i_cci_sma_len = input.int(defval=5, title='SMA Length', minval=1, group=g_cci)
int i_cci_ob = input.int(defval=100, title='Overbought', minval=0, group=g_cci)
int i_cci_os = input.int(defval=-100, title='Oversold', maxval=0, group=g_cci)
float i_cci_voffset = input.float(defval=1.8, title='Vertical Offset', step=0.1, group=g_cci)
float i_cci_height = input.float(defval=0.2, title='Height', step=0.1, group=g_cci)

g_vol = '██████████████████ Volume ██████████████████'
tt_vm = 
 "• The value shifts the volume moving average upward." +
 "\n• The default value of 1 means no multiplier is applied, but a multiplier of 5 indicates higher volume according to the strategy."

bool i_vol_display = input.bool(defval=true, title='Display', inline='VOL', group=g_vol)
string i_vol_type = input.string(defval='Regular Volume', title='Type', options=['Buying/Selling Volume', 'Regular Volume', 'None'], group=g_vol)
int i_vol_ma_len = input.int(defval=20, title='MA Length', minval=1, group=g_vol)
float i_vol_ma_multi = input.float(defval=5, title='MA Multiplier (x)', minval=1, tooltip=tt_vm, group=g_vol)
i_vol_hoffset = 0
float i_vol_voffset = input.float(defval=0.3, title='Vertical Offset', step=0.1, group=g_vol)
float i_vol_height = input.float(defval=0.6, title='Height', step=0.1, group=g_vol)

g_st = '█████████████████ Supertrend █████████████████'
bool i_st_display = input.bool(defval=true, title='Display', group=g_st)
int i_st_atr_period = input.int(defval=10, title="ATR Length", minval=1, group=g_st)
float i_st_factor = input.float(defval=3.0, title="Factor", minval=0.01, step=0.01, group=g_st)

//_____________________________ Menu Indicators End

//_____________________________ Menu Table Start

g_tb = '███████████████████ Table ███████████████████'
string i_tbl_position = input.string(defval=position.top_right, title='Position', options=[position.top_left, position.top_center, position.top_right, position.middle_left, position.middle_center, position.middle_right, position.bottom_left, position.bottom_center, position.bottom_right], group=g_tb)
string i_tbl_text_size = input.string(defval=size.normal, title='Size', options=[size.auto, size.tiny, size.small, size.normal, size.large, size.huge], group=g_tb)

//_____________________________ Menu Table End

//_____________________________ Chart Settings Start

g_ch = '████████████████ Chart Settings ████████████████'
int i_display_len = input.int(defval=50, title='Display Length', minval=1, group=g_ch)
color i_pos_col = input.color(defval=#26A69A, title='Positive', group=g_ch)
color i_pos_light_col = input.color(defval=#B2DFDB, title='Positive Light', group=g_ch)
color i_neg_light_col = input.color(defval=#FFCDD2, title='Negative Light', group=g_ch)
color i_neg_col = input.color(defval=#FF5250, title='Negative', group=g_ch)
color i_indicator_col = input.color(defval=#2962FF, title='Indicator', group=g_ch)
color i_signal_col = input.color(defval=#FF6D00, title='Signal', group=g_ch)
color i_neu_col = input.color(defval=#787B86, title='Neutral', group=g_ch)

//_____________________________ Chart Settings End

//_____________________________ 1. Percentage Change 250 Start

float pchg = (ta.change(close, 250) / close) * 100
 
//_____________________________ 1. Percentage Change 250 end

//_____________________________ 2. RSI Start

float rsi = ta.rsi(close, i_rsi_len)
float rsi_sma = ta.sma(rsi, i_rsi_sma_len)

//_____________________________ 2. RSI End

//_____________________________ 3. MFI Start

float mfi = ta.mfi(hlc3, i_mfi_len)

//_____________________________ 3. MFI End

//_____________________________ 4. CCI Start

float cci = ta.cci(hlc3, i_cci_len)
float cci_sma = ta.sma(cci, i_cci_sma_len)

//_____________________________ 4. CCI End

//_____________________________ 5. Volume: 20 SMA Start

vol_sma = ta.ema(volume, i_vol_ma_len) * i_vol_ma_multi

//_____________________________ 5. Volume: 20 SMA End

//_____________________________ 6. Supertrend Start

[supertrend, direction] = ta.supertrend(i_st_factor, i_st_atr_period)

supertrend := i_st_display and barstate.isfirst ? na : supertrend
upTrend = plot(series=i_st_display and direction < 0 ? supertrend : na, title="Supertrend Up", color=i_pos_col, style=plot.style_linebr)
downTrend = plot(series=i_st_display and direction < 0 ? na : supertrend, title="Supertrend Down", color=i_neg_col, style=plot.style_linebr)
bodyMiddle = plot(series=i_st_display and barstate.isfirst ? na : (open + close) / 2, title="Body Middle", display=display.none)

//fill(plot1=bodyMiddle, plot2=upTrend, color=color.new(i_pos_col, 90), fillgaps=false)
//fill(plot1=bodyMiddle, plot2=downTrend, color=color.new(i_neg_col, 90), fillgaps=false)

//_____________________________ 6. Supertrend End

//_____________________________ Signals Start

// Condition
short_cont = 
 //ta.crossunder(pchg, (-i_pchg_250)) and 
 pchg < (-i_pchg_250) and 
 rsi < i_rsi_os and 
 mfi < i_mfi_os and 
 cci < i_cci_os and
 volume > vol_sma and
 barstate.isconfirmed

long_cont = 
 //ta.crossover(pchg, i_pchg_250) and 
 pchg > i_pchg_250 and 
 rsi > i_rsi_ob and 
 mfi > i_mfi_ob and 
 cci > i_cci_ob and
 volume > vol_sma and
 barstate.isconfirmed

// Plot 
plotshape(series=short_cont, title='Short Signal', style=shape.triangledown, location=location.abovebar, color=i_neg_light_col, size=size.tiny)
plotshape(series=long_cont, title='Long Signal', style=shape.triangleup, location=location.belowbar, color=i_pos_light_col, size=size.tiny)

bgcolor(color=short_cont ? color.new(i_neg_light_col, 90) : long_cont ? color.new(i_pos_light_col, 90) : na, title='Signal Bgcolor', show_last=i_display_len)
barcolor(color=short_cont ? i_neg_light_col : long_cont ? i_pos_light_col : na, title='Signal Candle')

//_____________________________ Signals End

//_____________________________ Overlay Charts Start 

// Acknowledgement & Reference
// Trader: 'dgtrd'
// Indicator Title: 'Technical Analyst by DGT'
// Indicator Link: 'https://www.tradingview.com/script/r2kuEi0l-Technical-Analyst-by-DGT/'

// Functions  ----------------------------------------------------------------------------------- //

f_drawLabelX(_x, _y, _text, _xloc, _yloc, _color, _style, _textcolor, _size, _textalign, _tooltip) =>
    var id = label.new(_x, _y, _text, _xloc, _yloc, _color, _style, _textcolor, _size, _textalign, _tooltip)
    label.set_text(id, _text)
    label.set_tooltip(id, _tooltip)
    label.set_xy(id, _x, _y)
    label.set_textcolor(id, _textcolor)

// -Calculations ================================================================================ //

source   = close
nzVolume = nz(volume)

//------------------------------------------------------------------------------
// Volume

//vol_sma = ta.sma(nzVolume, i_vol_ma_len)

B = nzVolume * (close - low) / (high - low)
S = nzVolume * (high - close) / (high - low)

// Draw Charts
var a_lines       = array.new_line()
var a_hist        = array.new_box()

//i_display_len = 50
priceHighest      = ta.highest(high, i_display_len)
priceLowest       = ta.lowest (low , i_display_len)
priceChangeRate   = (priceHighest - priceLowest) / priceHighest

oscHighest        = 100//ta.highest(osc, i_display_len)

volumeMARate      = nzVolume / vol_sma
volumeHighest     = ta.highest(nzVolume, i_display_len)
bullCandle        = close > open

if barstate.islast 
    if array.size(a_lines) > 0
        for i = 1 to array.size(a_lines)
            line.delete(array.shift(a_lines))
    
    if array.size(a_hist) > 0
        for i = 1 to array.size(a_hist)
            box.delete(array.shift(a_hist))

    if i_mfi_display
        mid_line = math.avg(100, 0)
        array.push(a_hist, box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_mfi_voffset) * (1 + i_mfi_ob / oscHighest * priceChangeRate * i_mfi_height), 
                                     bar_index              , priceLowest * (1 - priceChangeRate * i_mfi_voffset) * (1 + i_mfi_ob / oscHighest * priceChangeRate * i_mfi_height), color.new(i_pos_col, 75), 1))
        array.push(a_hist, box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_mfi_voffset) * (1 + mid_line / oscHighest * priceChangeRate * i_mfi_height), 
                                     bar_index              , priceLowest * (1 - priceChangeRate * i_mfi_voffset) * (1 + mid_line / oscHighest * priceChangeRate * i_mfi_height), color.new(i_neu_col, 75), 1))
        array.push(a_hist, box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_mfi_voffset) * (1 + i_mfi_os / oscHighest * priceChangeRate * i_mfi_height), 
                                     bar_index              , priceLowest * (1 - priceChangeRate * i_mfi_voffset) * (1 + i_mfi_os / oscHighest * priceChangeRate * i_mfi_height), color.new(i_neg_col, 75), 1))
        f_drawLabelX(                bar_index + 3          , priceLowest * (1 - priceChangeRate * i_mfi_voffset) * (1 + mid_line / oscHighest * priceChangeRate * i_mfi_height), 'MFI', xloc.bar_index, yloc.price, #00000000, label.style_label_left, chart.fg_color, size.small, text.align_center, str.tostring(mfi, '#.##'))

    if i_rsi_display
        mid_line = math.avg(100, 0)
        array.push(a_hist, box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_rsi_voffset) * (1 + i_rsi_ob / oscHighest * priceChangeRate * i_rsi_height), 
                                     bar_index              , priceLowest * (1 - priceChangeRate * i_rsi_voffset) * (1 + i_rsi_ob / oscHighest * priceChangeRate * i_rsi_height), color.new(i_pos_col, 75), 1))
        array.push(a_hist, box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_rsi_voffset) * (1 + mid_line / oscHighest * priceChangeRate * i_rsi_height), 
                                     bar_index              , priceLowest * (1 - priceChangeRate * i_rsi_voffset) * (1 + mid_line / oscHighest * priceChangeRate * i_rsi_height), color.new(i_neu_col, 75), 1))
        array.push(a_hist, box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_rsi_voffset) * (1 + i_rsi_os / oscHighest * priceChangeRate * i_rsi_height), 
                                     bar_index              , priceLowest * (1 - priceChangeRate * i_rsi_voffset) * (1 + i_rsi_os / oscHighest * priceChangeRate * i_rsi_height), color.new(i_neg_col, 75), 1))
        f_drawLabelX(                bar_index + 3          , priceLowest * (1 - priceChangeRate * i_rsi_voffset) * (1 + mid_line / oscHighest * priceChangeRate * i_rsi_height), 'RSI', xloc.bar_index, yloc.price, #00000000, label.style_label_left, chart.fg_color, size.small, text.align_center, str.tostring(rsi, '#.##'))

    if i_cci_display
        mid_line = math.avg(100, 0)
        array.push(a_hist, box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_cci_voffset) * (1 + i_cci_ob / oscHighest * priceChangeRate * i_cci_height), 
                                     bar_index              , priceLowest * (1 - priceChangeRate * i_cci_voffset) * (1 + i_cci_ob / oscHighest * priceChangeRate * i_cci_height), color.new(i_pos_col, 75), 1))
        array.push(a_hist, box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_cci_voffset), 
                                     bar_index              , priceLowest * (1 - priceChangeRate * i_cci_voffset), color.new(i_neu_col, 75), 1))
        array.push(a_hist, box.new (bar_index[i_display_len], priceLowest * (1 - priceChangeRate * i_cci_voffset) * (1 + i_cci_os / oscHighest * priceChangeRate * i_cci_height), 
                                     bar_index              , priceLowest * (1 - priceChangeRate * i_cci_voffset) * (1 + i_cci_os / oscHighest * priceChangeRate * i_cci_height), color.new(i_neg_col, 75), 1))
        f_drawLabelX(                bar_index + 3          , priceLowest * (1 - priceChangeRate * i_cci_voffset), 'CCI', xloc.bar_index, yloc.price, #00000000, label.style_label_left, chart.fg_color, size.small, text.align_center, str.tostring(cci, '#.##'))

    if i_vol_type != 'None' 
        f_drawLabelX(                bar_index + 3          , priceHighest * (1 + priceChangeRate * i_vol_voffset), 'VOL', xloc.bar_index, yloc.price, #00000000, label.style_label_left, chart.fg_color, size.small, text.align_center, 'Buy Vol : ' + str.tostring(B / (B + S) * 100, '#.##') + '%\nSell Vol : ' + str.tostring(S / (B + S) * 100, '#.##') + '%\nLast Vol : ' + str.tostring(nzVolume, format.volume) + '\nAvg Vol : ' + str.tostring(vol_sma, format.volume))

    for barIndex = 0 to i_display_len - 1
        if array.size(a_lines) < 500

            if i_mfi_display
                array.push(a_lines, line.new(bar_index[barIndex], priceLowest * (1 - priceChangeRate * i_mfi_voffset) * (1 + mfi[barIndex]     / oscHighest * priceChangeRate * i_mfi_height), 
                                         bar_index[barIndex + 1], priceLowest * (1 - priceChangeRate * i_mfi_voffset) * (1 + mfi[barIndex + 1] / oscHighest * priceChangeRate * i_mfi_height), xloc.bar_index, extend.none, i_indicator_col   , line.style_solid, 1))

            if i_rsi_display
                array.push(a_lines, line.new(bar_index[barIndex], priceLowest * (1 - priceChangeRate * i_rsi_voffset) * (1 + rsi[barIndex]     / oscHighest * priceChangeRate * i_rsi_height), 
                                         bar_index[barIndex + 1], priceLowest * (1 - priceChangeRate * i_rsi_voffset) * (1 + rsi[barIndex + 1] / oscHighest * priceChangeRate * i_rsi_height), xloc.bar_index, extend.none, i_indicator_col   , line.style_solid, 1))
                array.push(a_lines, line.new(bar_index[barIndex], priceLowest * (1 - priceChangeRate * i_rsi_voffset) * (1 + rsi_sma[barIndex] / oscHighest * priceChangeRate * i_rsi_height), 
                                         bar_index[barIndex + 1], priceLowest * (1 - priceChangeRate * i_rsi_voffset) * (1 + rsi_sma[barIndex + 1] / oscHighest * priceChangeRate * i_rsi_height), xloc.bar_index, extend.none, i_signal_col   , line.style_solid, 1))

            if i_cci_display
                array.push(a_lines, line.new(bar_index[barIndex], priceLowest * (1 - priceChangeRate * i_cci_voffset) * (1 + cci[barIndex]     / oscHighest * priceChangeRate * i_cci_height), 
                                         bar_index[barIndex + 1], priceLowest * (1 - priceChangeRate * i_cci_voffset) * (1 + cci[barIndex + 1] / oscHighest * priceChangeRate * i_cci_height), xloc.bar_index, extend.none, i_indicator_col   , line.style_solid, 1))
                array.push(a_lines, line.new(bar_index[barIndex], priceLowest * (1 - priceChangeRate * i_cci_voffset) * (1 + cci_sma[barIndex] / oscHighest * priceChangeRate * i_cci_height), 
                                         bar_index[barIndex + 1], priceLowest * (1 - priceChangeRate * i_cci_voffset) * (1 + cci_sma[barIndex + 1] / oscHighest * priceChangeRate * i_cci_height), xloc.bar_index, extend.none, i_signal_col   , line.style_solid, 1))

            if nzVolume
                if i_vol_type != 'None' 
                    array.push(a_hist, box.new (bar_index[barIndex] + i_vol_hoffset,  priceHighest * (1 + priceChangeRate * i_vol_voffset), 
                                                 bar_index[barIndex] + i_vol_hoffset,  priceHighest * (1 + priceChangeRate * i_vol_voffset) * (1 + nzVolume[barIndex] / volumeHighest * priceChangeRate * i_vol_height), i_vol_type == 'Buying/Selling Volume' ? color.new(i_pos_col, 0) : bullCandle[barIndex] ? color.new(i_pos_col, 0) : color.new(i_neg_col, 0), 2, bgcolor = i_vol_type == 'Buying/Selling Volume' ? color.new(i_pos_col, 0) : bullCandle[barIndex] ? color.new(i_pos_col, 0) : color.new(i_neg_col, 0)))
                    if i_vol_type == 'Buying/Selling Volume'
                        array.push(a_hist, box.new (bar_index[barIndex] + i_vol_hoffset,   priceHighest * (1 + priceChangeRate * i_vol_voffset), 
                                                     bar_index[barIndex] + i_vol_hoffset,   priceHighest * (1 + priceChangeRate * i_vol_voffset) * (1 + S[barIndex]            / volumeHighest * priceChangeRate * i_vol_height), color.new(i_neg_col, 0), 2, bgcolor = color.new(i_neg_col, 0)))
                    // Voumme MA
                    if i_vol_display
                        array.push(a_lines, line.new(bar_index[barIndex] + i_vol_hoffset,     priceHighest * (1 + priceChangeRate * i_vol_voffset) * (1 + nzVolume[barIndex]   / volumeHighest * priceChangeRate * i_vol_height / volumeMARate[barIndex]), 
                                                     bar_index[barIndex + 1] + i_vol_hoffset, priceHighest * (1 + priceChangeRate * i_vol_voffset) * (1 + nzVolume[barIndex + 1] / volumeHighest * priceChangeRate * i_vol_height / volumeMARate[barIndex + 1]), xloc.bar_index, extend.none, i_neu_col, line.style_solid, 1))

//_____________________________ Overlay Charts End 

//_____________________________ Overlay Charts Table Start 

var table tbl = table.new(position=i_tbl_position, columns=2, rows=5, border_width=2)

// Color
col_pchg = pchg > i_pchg_250 ? i_pos_col : pchg < (-i_pchg_250) ? i_neg_col : i_neu_col
col_rsi = rsi > i_rsi_ob ? i_pos_col : rsi < i_rsi_os ? i_neg_col : i_neu_col
col_mfi = mfi > i_mfi_ob ? i_pos_col : mfi < i_mfi_os ? i_neg_col : i_neu_col
col_cci = cci > i_cci_ob ? i_pos_col : cci < i_cci_os ? i_neg_col : i_neu_col
col_vol = volume > vol_sma ? i_pos_col : i_neu_col

// Function to populate cells in the table
cell(int column, int row, string txt, color color) => 
    table.cell(tbl, column, row, text = txt, text_color = color, text_halign=text.align_left, bgcolor = color.new(color, 90), text_size=i_tbl_text_size)

// Check if it's the last bar
if barstate.islast
    cell(0, 0, "%Chg", col_pchg)
    cell(0, 1, "RSI", col_rsi)
    cell(0, 2, "MFI", col_mfi)
    cell(0, 3, "CCI", col_cci)
    cell(0, 4, "Vol", col_vol)

    cell(1, 0, str.tostring(pchg, '#.##'), col_pchg)
    cell(1, 1, str.tostring(rsi, '#.##'), col_rsi)
    cell(1, 2, str.tostring(mfi, '#.##'), col_mfi)
    cell(1, 3, str.tostring(cci, '#.##'), col_cci)
    cell(1, 4, str.tostring((volume / 100000), '#.##') + ' L', col_vol)
    
//_____________________________ Overlay Charts Table Start 

//_____________________________ Code End

// Readme First:
// 
// About:
// This is a Momentum Investing Strategy Setup shared by trader Ankush Bajaj.
// The original video is based on the daily timeframe for long-term investment.
// This strategy can also be adapted for lower timeframes.
// To adapted the strategy for lower timeframes like 5 minutes, change the 'Above/Below %' to 2 or 4 or adjust as needed according your timeframe.
// Example: For 5 min timeframe use 'Above/Below %' as 2. For 1hr timeframe use 'Above/Below %' as 4.
// Also adjust the 'MA Multiplier (x)' value. Default is 5x. This can be adjusted to 2 times, 3 times etc.
// 
// Strategy Reference Video:
// Video Title: "Momentum Investing Strategies | Understand Different Types of Momentum Strategies | Ep 141"
// Video Link: https://www.youtube.com/watch?v=-uEEmnFtDIw
// Video Title: "Momentum Investing using Technical Indicators | Ep 142 | Samco Securities"
// Video Link: https://www.youtube.com/watch?v=zmpsx7BpzvU&t=1154s
// 
// Strategy Type: Momentum
// Bias: Strongly Directional
// Trading Style: Investment
// Instrument: Any
// Original Symbol: Any
// Timeframe: Daily (default)
// 
// Indicator Used and Settings:
// 1. % Change of last 250 candle
// 2. RSI 14
// 3. MFI 14
// 4. CCI 20
// 5. Volume 20 EMA
// 
// Long Entry Rules (As per the video):
// - Daily Timeframe
// - % Change of 250 Candle > 8
// - RSI above 60
// - MFI above 60
// - CCI above 100
// - Volume > EMA 20 of Volume * 5
// - Market Cap > 1000 Crore
// - Price > Rs.50
// 
// Short Entry Rules (Not mentioned in the video):
// - Daily Timeframe
// - % Change of 250 Candle < -8
// - RSI below 40
// - MFI below 40
// - CCI below -100
// - Volume > EMA 20 of Volume * 5
// - Market Cap > 1000 Crore
// - Price > Rs.50