ScannersStrategies

Bullish Trending Momentum

The strategy takes a long position when a stock displays bullishness and the momentum is strong. Exit is based on target and stop loss. The strategy is suitable for bullish trending markets.

Order Type

CNC/NRML

Position Type

BUY

Time Frame

5min

Entry Conditions

VWAP(0) crosses above VWAP MA(simple,20,0) and Ichimoku(9,26,52,26,leading span a,yes,0) higher than Ichimoku(9,26,52,26,leading span b,yes,0)

BUY 100 shares when VWAP(0) crosses above VWAP MA(simple,20,0) and Ichimoku(9,26,52,26,leading span a,yes,0) higher than Ichimoku(9,26,52,26,leading span b,yes,0) at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 100 shares at stop loss % of 2 or target profit % of 4 at 5min candle interval using Candlestick chart chart.

Stop Loss

2

Target Profit

4

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

    HEROMOTOCO

  • NSE

    HINDALCO

  • NSE

    ICICIBANK

  • NSE

    INDUSINDBK

  • NSE

    JSWSTEEL

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NTPC

  • NSE

    NESTLEIND

  • NSE

    ONGC

  • NSE

    POWERGRID

  • NSE

    RELIANCE

  • NSE

    SHRIRAMFIN

  • NSE

    SBIN

  • NSE

    SUNPHARMA

  • NSE

    TCS

  • NSE

    TATAMOTORS

  • NSE

    TATASTEEL

  • NSE

    TITAN