ScannersStrategies

Bearish ADX SMA Supertrend

The bearish strategy triggers an entry when a strong downtrend is indicated by ADX and Supertrend confirmed by moving averages.

Order Type

MIS

Position Type

SELL

Time Frame

5min

Entry Conditions

Minus DI(14,0) higher than 35 and ADX(14,0) higher than 20 and Close(0) lower than Supertrend(7,3,0) and SMA(close, 10, 0) lower than SMA(close, 20, 0)

SELL 1 share when Minus DI(14,0) higher than 35 and ADX(14,0) higher than 20 and Close(0) lower than Supertrend(7,3,0) and SMA(close, 10, 0) lower than SMA(close, 20, 0) at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

BUY 1 share at stop loss % of 1 or target profit % of 3 at 5min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

3

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

    DRREDDY

  • NSE

    EICHERMOT

  • NSE

    HDFCBANK

  • NSE

    HINDALCO

  • NSE

    HINDUNILVR

  • NSE

    INDUSINDBK

  • NSE

    INFY

  • NSE

    KOTAKBANK

  • NSE

    LTIM

  • NSE

    LT

  • NSE

    M&M

  • NSE

    NTPC

  • NSE

    NESTLEIND

  • NSE

    ONGC

  • NSE

    POWERGRID

  • NSE

    RELIANCE

  • NSE

    SBILIFE

  • NSE

    SBIN

  • NSE

    TCS

  • NSE

    TITAN

  • NSE

    ULTRACEMCO