MOM OBV Short

The strategy takes a short position when Momentum indicator gives a sell signal and volume increases significantly.

Entry Conditions

Multitime frame(5min, MOM(14,0) lower than 0 ) and Multitime frame(5min, OBV(0) crosses below OBV(5) )

SELL 1 share when Multitime frame(5min, MOM(14,0) lower than 0 ) and Multitime frame(5min, OBV(0) crosses below OBV(5) ) at 5min candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

BUY 1 share at stop loss % of 1 or target profit % of 2.5 at 5min candle interval using Candlestick chart.

Stop Loss

1

Target Profit

2.5

Stocks

• NSE

  ADANIENT

• NSE

  ADANIPORTS

• NSE

  APOLLOHOSP

• NSE

  ASIANPAINT

• NSE

  AXISBANK

• NSE

  BAJAJ-AUTO

• NSE

  BPCL

• NSE

  DIVISLAB

• NSE

  HDFCBANK

• NSE

  HDFCLIFE

• NSE

  ITC

• NSE

  INDUSINDBK

• NSE

  KOTAKBANK

• NSE

  LT

• NSE

  MARUTI

• NSE

  NTPC

• NSE

  RELIANCE

• NSE

  SHRIRAMFIN

• NSE

  TCS

• NSE

  TATAMOTORS

• NSE

  TATASTEEL

• NSE

  WIPRO