ScannersStrategies

bk final vwap 3 time strategy

The strategy takes a buy position when the stock moves above VWAP indicator indicating a bullish move. The entry is taken only after a confirmation. The strategy is suitable for bullish trending markets.

Order Type

CNC/NRML

Position Type

BUY

Time Frame

5min

Entry Conditions

Multitime frame(hour, Close(-1) higher than VWAP(-1) ) and Multitime frame(hour, Open(-1) lower than VWAP(-1) ) and Multitime frame(hour, Close(0) higher than High(-1) )

BUY 51 shares when Multitime frame(hour, Close(-1) higher than VWAP(-1) ) and Multitime frame(hour, Open(-1) lower than VWAP(-1) ) and Multitime frame(hour, Close(0) higher than High(-1) ) at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 51 shares at stop loss % of 99 or target profit % of 3 at 5min candle interval using Candlestick chart chart.

Stop Loss

99

Target Profit

3

Stocks

  • NSE

    ZOMATO

  • NSE

    INFIBEAM

  • NSE

    EASEMYTRIP

  • NSE

    CENTRALBK

  • NSE

    MAHABANK

  • NSE

    IOC

  • NSE

    HUDCO

  • NSE

    UCOBANK

  • NSE

    JPPOWER

  • NSE

    SAIL

  • NSE

    GMRINFRA

  • NSE

    SOUTHBANK

  • NSE

    SJVN

  • NSE

    IOB

  • NSE

    YESBANK

  • NSE

    PNB

  • NSE

    SUZLON

  • NSE

    NBCC

  • NSE

    IDEA

  • NSE

    NHPC