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 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 chart.

Stop Loss

Target Profit

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
HDFCBANK
NSE
HDFCLIFE
NSE
HEROMOTOCO
NSE
HINDALCO
NSE
HINDUNILVR
NSE
ICICIBANK
NSE
ITC
NSE
INFY
NSE
KOTAKBANK
NSE
LTIM
NSE
LT
NSE
M&M
NSE
MARUTI
NSE
NTPC
NSE
ONGC
NSE
RELIANCE
NSE
SBILIFE
NSE
SHRIRAMFIN
NSE
SUNPHARMA
NSE
TECHM
NSE
TITAN