ScannersStrategies

Bullish Trend Momentum

The strategy takes a buy position when the momentum picks up in a bullish trend. The position is exited when the trend slows down. Suitable for bullish markets.

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

Close(0) higher than DEMA(close,200,0) and MACD(12,26,9,macd,0) crosses above MACD(12,26,9,signal,0)

BUY 10 shares when Close(0) higher than DEMA(close,200,0) and MACD(12,26,9,macd,0) crosses above MACD(12,26,9,signal,0) at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Close(0) crosses below Supertrend(7,3,0)

SELL 10 shares when Close(0) crosses below Supertrend(7,3,0) or at stop loss % of 1 or target profit % of 2 at 5min candle interval using Candlestick chart chart.

Stop Loss

1

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

    DRREDDY

  • NSE

    GRASIM

  • NSE

    HCLTECH

  • NSE

    HDFCBANK

  • NSE

    HDFCLIFE

  • NSE

    INFY

  • NSE

    KOTAKBANK

  • NSE

    LTIM

  • NSE

    LT

  • NSE

    M&M

  • NSE

    ONGC

  • NSE

    SBILIFE

  • NSE

    SHRIRAMFIN

  • NSE

    SUNPHARMA

  • NSE

    TATAMOTORS

  • NSE

    ULTRACEMCO