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.

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

  BPCL

• NSE

  BHARTIARTL

• NSE

  BRITANNIA

• NSE

  CIPLA

• NSE

  COALINDIA

• NSE

  EICHERMOT

• NSE

  GRASIM

• NSE

  HDFCBANK

• NSE

  HDFCLIFE

• NSE

  INDUSINDBK

• NSE

  INFY

• NSE

  JSWSTEEL

• NSE

  KOTAKBANK

• NSE

  LT

• NSE

  M&M

• NSE

  MARUTI

• NSE

  NTPC

• NSE

  NESTLEIND

• NSE

  ONGC

• NSE

  POWERGRID

• NSE

  RELIANCE

• NSE

  SHRIRAMFIN

• NSE

  TCS

• NSE

  TATAMOTORS

• NSE

  TITAN

• NSE

  WIPRO