ScannersStrategies

Breakout

A classic Breakout Strategy. Buy entry occurs when the price crosses above a resistance level supported by volume. It is suitable for bullish trending markets.

Order Type

MARKET

Position Type

BUY

Time Frame

hour

Entry Conditions

Multitime frame(hour, Close(0) crosses above Prev N(High,-1,day) ) and Multitime frame(hour, Volume(0) higher than Moving average(volume,50,simple,0) )

BUY 100 shares when Multitime frame(hour, Close(0) crosses above Prev N(High,-1,day) ) and Multitime frame(hour, Volume(0) higher than Moving average(volume,50,simple,0) ) at hour candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 100 shares at stop loss % of 1 or target profit % of 3 at hour candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

3

Stocks

  • NSE

    BAJAJ-AUTO

  • NSE

    HEROMOTOCO

  • NSE

    LTIM

  • NSE

    NESTLEIND

  • NSE

    TCS

  • NSE

    TITAN

  • NSE

    ULTRACEMCO