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EMA 10 20 pull back

buy when the stock pull backs after it closes between 10 and 20 EMA with risk reward of 1:1.5

Universe

Nifty 50

Time Frame

5 Minutes

Conditions

( Close(-1) higher than EMA(close, 20, 0) and Close(-1) lower than EMA(close, 10, 0) and High(0) higher than High(-1) and Close(-1) lower than Open(-1) ) or ( Close(-1) lower than EMA(close, 20, 0) and Close(-1) higher than EMA(close, 10, 0) and Low(0) lower than Low(-1) and Close(-1) higher than Open(-1) )

stocks

  • NSE

    BAJAJFINSV

  • NSE

    BHARTIARTL