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Bearish MFI Supertrend

The short strategy uses money flow index and supertrend to send alerts

Order Type

MIS

Position Type

SELL

Time Frame

5min

Entry Conditions

Multitime frame(5min, MFI(20,0) crosses below 50 ) and Multitime frame(5min, Supertrend(7,3,0) higher than Close(0) )

SELL 10 shares when Multitime frame(5min, MFI(20,0) crosses below 50 ) and Multitime frame(5min, Supertrend(7,3,0) higher than Close(0) ) at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

BUY 10 shares at stop loss % of 1 or target profit % of 2 at 5min 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

    BHARTIARTL

  • NSE

    COALINDIA

  • NSE

    HCLTECH

  • NSE

    HDFCBANK

  • NSE

    HDFCLIFE

  • NSE

    HINDALCO

  • NSE

    JSWSTEEL

  • NSE

    JIOFIN

  • NSE

    M&M

  • NSE

    POWERGRID

  • NSE

    RELIANCE

  • NSE

    SHRIRAMFIN

  • NSE

    SBIN

  • NSE

    TATAMOTORS

  • NSE

    TATASTEEL

  • NSE

    TRENT

  • NSE

    WIPRO