Deploy

The strategy initiates a buy position when the Rate of Change of Price becomes positive and the stock is above a resistance level. Suitable for bullish trending markets.

Entry Conditions

Multitime frame(15min, Close(0) lower than DEMA(close,200,0) ) and Multitime frame(15min, RSI(14,0) ) crosses below 50

SELL with max allocation 50000 when Multitime frame(15min, Close(0) lower than DEMA(close,200,0) ) and Multitime frame(15min, RSI(14,0) ) crosses below 50 at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

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

BUY with max allocation 50000 when Close(0) crosses below Pivot point(pp,standard,No) or at stop loss % of 1 or target profit % of 4 at 5min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

4

Stocks

• NSE

  ALKEM

• NSE

  AUROPHARMA

• NSE

  BHARATFORG

• NSE

  JINDALSAW

• NSE

  LUPIN

• NSE

  NMDC

• NSE

  PERSISTENT

• NSE

  PFC

• NSE

  POLYCAB

• NSE

  RECLTD