ScannersStrategies

Green Cloud Momentum

The strategy takes a buy position when the trend is bullish and the momentum also turns in the favour of bulls. Ichimoku indicator has been used to identify trend and momentum. The strategy is suitable for bullish trending markets.

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

Multitime frame(5min, Ichimoku(9,26,52,26,leading span a,yes,0) higher than Ichimoku(9,26,52,26,leading span b,yes,0) ) and Multitime frame(5min, Ichimoku(9,26,52,26,conversion,yes,0) crosses above Ichimoku(9,26,52,26,base,yes,0) ) and Multitime frame(5min, Close(0) higher than SMA(close, 200, 0) )

BUY 50 shares when Multitime frame(5min, Ichimoku(9,26,52,26,leading span a,yes,0) higher than Ichimoku(9,26,52,26,leading span b,yes,0) ) and Multitime frame(5min, Ichimoku(9,26,52,26,conversion,yes,0) crosses above Ichimoku(9,26,52,26,base,yes,0) ) and Multitime frame(5min, Close(0) higher than SMA(close, 200, 0) ) at 5min candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 50 shares at stop loss % of 1 or target profit % of 2 at 5min candle interval using Candlestick 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

    DIVISLAB

  • NSE

    EICHERMOT

  • NSE

    GRASIM

  • NSE

    HDFCLIFE

  • NSE

    HINDALCO

  • NSE

    INDUSINDBK

  • NSE

    JSWSTEEL

  • NSE

    KOTAKBANK

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NTPC

  • NSE

    SUNPHARMA

  • NSE

    TATASTEEL

  • NSE

    TECHM