Bullish Momentum Support

The strategy initiates a buy position when the momentum picks up as indicated by MOM indicator. An exit is taken if the price falls below support level. Suitable for bullish trending markets.

Entry Conditions

MOM(14,0) crosses above 0.0

BUY 10 shares when MOM(14,0) crosses above 0.0 at 15min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Close(0) crosses below Pivot point(r1,standard,No)

SELL 10 shares when Close(0) crosses below Pivot point(r1,standard,No) or at stop loss % of 1.00 or target profit % of 2 at 15min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

2

Stocks

• NSE

  ADANIENT

• NSE

  ADANIPORTS

• NSE

  APOLLOHOSP

• NSE

  ASIANPAINT

• NSE

  BRITANNIA

• NSE

  CIPLA

• NSE

  DRREDDY

• NSE

  HDFCBANK

• NSE

  HINDALCO

• NSE

  ICICIBANK

• NSE

  INFY

• NSE

  M&M

• NSE

  RELIANCE

• NSE

  SBIN