ScannersStrategies

Aroon Bollinger Band Sell

This bearish strategy works well in trending market. It tries to trigger a higher sell during relief rallies in a downtrend. Aroon indicator is used to identify bear market and UBB is used to identify relief rally.

Order Type

MIS

Position Type

BUY

Time Frame

15min

Entry Conditions

Aroon up(40,0) lower than Aroon down(40,0) and Close(0) crosses above UBB(Close,20,2,simple,0)

BUY 1 share when Aroon up(40,0) lower than Aroon down(40,0) and Close(0) crosses above UBB(Close,20,2,simple,0) at 15min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 1 share at stop loss % of 1 or target profit % of 2 at 15min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

2

Stocks

  • NSE

    ADANIENT

  • NSE

    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

    GRASIM

  • NSE

    HCLTECH

  • NSE

    HDFCLIFE

  • NSE

    HINDALCO

  • NSE

    HINDUNILVR

  • NSE

    ICICIBANK

  • NSE

    ITC

  • NSE

    INDUSINDBK

  • NSE

    INFY

  • NSE

    JSWSTEEL

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NTPC

  • NSE

    NESTLEIND

  • NSE

    ONGC

  • NSE

    SBILIFE

  • NSE

    SHRIRAMFIN

  • NSE

    SUNPHARMA

  • NSE

    TATACONSUM

  • NSE

    TATAMOTORS

  • NSE

    TATASTEEL

  • NSE

    WIPRO