ScannersStrategies

90752

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

Symbol(INDICES_NIFTY BANK, Multitime frame completed(5min, Close(0) ) crosses above Max( Nth candle(High,hour,1) , Nth candle(High,15min,5) ) )

BUY 1 share when Symbol(INDICES_NIFTY BANK, Multitime frame completed(5min, Close(0) ) crosses above Max( Nth candle(High,hour,1) , Nth candle(High,15min,5) ) ) at 5min candle interval using Candlestick chart chart. Enter trade between 10:30 to 14:50

Exit Conditions

Candle Time(hourofcandle) equal to 14 and Candle Time(minuteofcandle) equal to 50

SELL 1 share when Candle Time(hourofcandle) equal to 14 and Candle Time(minuteofcandle) equal to 50 or at stop loss of 85 or target profit of 450 at 5min candle interval using Candlestick chart chart.

Stop Loss

85

Target Profit

450

Stocks

  • NFO-OPT

    BANKNIFTY24FEB46800CE