ScannersStrategies

Ma cross

The strategy takes a long position when moving averages indicate an uptrend and storng momentum is guaged by ADX

Order Type

CNC/NRML

Position Type

BUY

Time Frame

day

Entry Conditions

EMA(close, 34, 0) higher than SMA(low, 20, 0) and ADX(13,0) higher than 25

BUY 100 shares when EMA(close, 34, 0) higher than SMA(low, 20, 0) and ADX(13,0) higher than 25 at 1 day candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 100 shares at stop loss of 5% or target profit of 6% at 1 day candle interval using Candlestick chart chart.

Stop Loss

5

Target Profit

6

Stocks

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    BAJFINANCE

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    BPCL

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    BRITANNIA

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    DIVISLAB

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    EICHERMOT

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    HCLTECH

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    HEROMOTOCO

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    ICICIBANK

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    INDUSINDBK

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    LT

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    MARUTI

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    NTPC

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    ONGC

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    RELIANCE

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    TATAMOTORS

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    TATASTEEL

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    TCS

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    TECHM

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    TITAN

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    ULTRACEMCO