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Ankur Dummy

The strategy initiates a buy position when the Rate of Change of Price becomes positive and the stock is above a resistance level. Suitable for bullish trending markets.

Order Type

CNC/NRML

Position Type

BUY

Time Frame

day

Entry Conditions

Multitime frame completed(day, Close(0) higher than Open(0) ) and ( Abs( Multitime frame completed(day, High(0) ) - Multitime frame completed(day, Low(0) ) ) / Multitime frame completed(day, Low(0) ) * 100 ) higher than 2.0 and Multitime frame completed(day, EMA(close, 21, 0) lower than EMA(close, 9, 0) ) and Multitime frame completed(day, MACD(12,26,9,signal,0) lower than MACD(12,26,9,macd,0) ) and Multitime frame completed(day, Volume(0) crosses above Moving average(volume, 10,simple,0) )

BUY 1 share when Multitime frame completed(day, Close(0) higher than Open(0) ) and ( Abs( Multitime frame completed(day, High(0) ) - Multitime frame completed(day, Low(0) ) ) / Multitime frame completed(day, Low(0) ) * 100 ) higher than 2.0 and Multitime frame completed(day, EMA(close, 21, 0) lower than EMA(close, 9, 0) ) and Multitime frame completed(day, MACD(12,26,9,signal,0) lower than MACD(12,26,9,macd,0) ) and Multitime frame completed(day, Volume(0) crosses above Moving average(volume, 10,simple,0) ) at day candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 1 share at stop loss % of 2 or target profit % of 100 with a Trailing SL % of 1 at day candle interval using Candlestick chart chart.

Stop Loss

2

Target Profit

100

Stocks

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    ADANIENT

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    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

  • NSE

    AXISBANK

  • NSE

    BAJAJ-AUTO

  • NSE

    BAJFINANCE

  • NSE

    BAJAJFINSV

  • NSE

    BPCL

  • NSE

    BHARTIARTL

  • NSE

    BRITANNIA

  • NSE

    CIPLA

  • NSE

    COALINDIA

  • NSE

    DIVISLAB

  • NSE

    DRREDDY