ScannersStrategies

MBB Resistance Cross

This bullish strategy works best in trending markets but also in sideways markets. It is built to gauge momentum and signals an entry when the price crosses middle bollinger band.

Order Type

CNC/NRML

Position Type

BUY

Time Frame

hour

Entry Conditions

Close(0) crosses above MBB(Close,20,2,simple,0)

BUY 100 shares when Close(0) crosses above MBB(Close,20,2,simple,0) at hour candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 100 shares at stop loss % of 3 or target profit % of 6 at hour candle interval using Candlestick chart chart.

Stop Loss

3

Target Profit

6

Stocks

  • NSE

    ADANIENT

  • NSE

    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

  • NSE

    AXISBANK

  • NSE

    BAJAJ-AUTO

  • NSE

    BAJFINANCE

  • NSE

    BAJAJFINSV

  • NSE

    BEL

  • NSE

    BHARTIARTL

  • NSE

    CIPLA

  • NSE

    EICHERMOT

  • NSE

    ETERNAL

  • NSE

    GRASIM

  • NSE

    HCLTECH

  • NSE

    HDFCBANK

  • NSE

    JSWSTEEL

  • NSE

    JIOFIN

  • NSE

    LT

  • NSE

    M&M

  • NSE

    SBILIFE

  • NSE

    TATASTEEL

  • NSE

    ULTRACEMCO