ScannersStrategies

Short Covering in Nifty options

This scanner will scan for Nifty Weekly Option contracts where the 5 period exponential moving average has been falling for last five candles for: Volume and Open Interest; and the 5 period exponential moving average has been rising for last five candles for Price, indicating a short covering.

Universe

Nifty Weekly

Time Frame

30 Minutes

Conditions

Period max(5, Multitime frame(day, OI MA(exponential,5,0) ) - Multitime frame(day, OI MA(exponential,5,-1) ) ) lower than Multitime frame(day, 0.0 ) and Period max(5, Multitime frame(day, EMA(volume, 5, 0) ) - Multitime frame(day, EMA(volume, 5, -1) ) ) lower than Multitime frame(day, 0.0 ) and Period min(5, Multitime frame(day, EMA(close, 5, 0) ) - Multitime frame(day, EMA(close, 5, -1) ) ) higher than Multitime frame(day, 0.0 )

stocks

  • NFO-OPT

    NIFTY2480824150CE