Bearish MFI Supertrend

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

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. 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.

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

  BEL

• NSE

  BPCL

• NSE

  BHARTIARTL

• NSE

  BRITANNIA

• NSE

  CIPLA

• NSE

  COALINDIA

• NSE

  DRREDDY

• NSE

  EICHERMOT

• NSE

  HDFCBANK

• NSE

  HEROMOTOCO

• NSE

  ITC

• NSE

  INDUSINDBK

• NSE

  INFY

• NSE

  JSWSTEEL

• NSE

  KOTAKBANK

• NSE

  NTPC

• NSE

  ONGC

• NSE

  POWERGRID

• NSE

  RELIANCE

• NSE

  SBILIFE

• NSE

  SBIN

• NSE

  TATACONSUM

• NSE

  TATASTEEL

• NSE

  TITAN

• NSE

  TRENT

• NSE

  WIPRO