ScannersStrategies

Breakout with Volume

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

MIS

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

    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

    DRREDDY

  • NSE

    EICHERMOT

  • NSE

    GRASIM

  • NSE

    HCLTECH

  • NSE

    HDFCBANK

  • NSE

    HDFCLIFE

  • NSE

    JSWSTEEL

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NTPC

  • NSE

    ONGC

  • NSE

    POWERGRID

  • NSE

    SBILIFE

  • NSE

    SHRIRAMFIN

  • NSE

    TCS

  • NSE

    TATACONSUM

  • NSE

    TATAMOTORS

  • NSE

    TECHM

  • NSE

    TITAN