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Bearish PROC Trend

The strategy checks for bearish trend using EMA. A short position is taken when the range of change of price becomes very negative. The strategy is suitable for Bearish Trending Markets.

Order Type

MIS

Position Type

SELL

Time Frame

15min

Entry Conditions

Close(0) lower than EMA(close, 21, 0) and Proc(close,14,0) crosses below 0

SELL 100 shares when Close(0) lower than EMA(close, 21, 0) and Proc(close,14,0) crosses below 0 at 15min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Close(0) crosses above EMA(close, 9, 0)

BUY 100 shares when Close(0) crosses above EMA(close, 9, 0) or 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

    BEL

  • NSE

    ETERNAL

  • NSE

    ICICIBANK

  • NSE

    INDUSINDBK

  • NSE

    JSWSTEEL

  • NSE

    LT

  • NSE

    NTPC

  • NSE

    POWERGRID

  • NSE

    SBILIFE

  • NSE

    SBIN

  • NSE

    SUNPHARMA

  • NSE

    TCS