ScannersStrategies

Bullish Bollinger with RSI

The strategy takes a long position during an uptrend indicated by RSI and Bollinger band.

Order Type

MIS

Position Type

BUY

Time Frame

hour

Entry Conditions

Multitime frame(hour, RSI(11,0) higher than 70 ) and Multitime frame(hour, Close(0) higher than UBB(Close,20,2,simple,0) )

BUY 10 shares when Multitime frame(hour, RSI(11,0) higher than 70 ) and Multitime frame(hour, Close(0) higher than UBB(Close,20,2,simple,0) ) at hour candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 10 shares at stop loss % of 0.5 or target profit % of 2 at hour candle interval using Candlestick chart.

Stop Loss

0.5

Target Profit

2

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

    DIVISLAB

  • NSE

    DRREDDY

  • NSE

    EICHERMOT

  • NSE

    GRASIM

  • NSE

    HCLTECH

  • NSE

    HDFCBANK

  • NSE

    HDFCLIFE

  • NSE

    HEROMOTOCO

  • NSE

    HINDALCO

  • NSE

    HINDUNILVR

  • NSE

    ICICIBANK

  • NSE

    INFY

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NTPC

  • NSE

    NESTLEIND

  • NSE

    ONGC

  • NSE

    POWERGRID

  • NSE

    RELIANCE

  • NSE

    SBILIFE

  • NSE

    TCS

  • NSE

    TATACONSUM

  • NSE

    TECHM

  • NSE

    TITAN

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO