ScannersStrategies

Nifty positional str

The strategy takes a long position when stocks trade higher than multiple long term weighted moving averages.

Order Type

CNC/NRML

Position Type

BUY

Time Frame

day

Entry Conditions

Close(0) higher than WMA(close, 20, 0) and Close(0) higher than WMA(close, 50, 0) and Close(0) higher than WMA(close, 100, 0) and Close(0) higher than WMA(close, 200, 0)

BUY 10 shares when Close(0) higher than WMA(close, 20, 0) and Close(0) higher than WMA(close, 50, 0) and Close(0) higher than WMA(close, 100, 0) and Close(0) higher than WMA(close, 200, 0) at 1 day candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Close(0) crosses below WMA(close, 100, 0)

SELL 10 shares when Close(0) crosses below WMA(close, 100, 0) or at stop loss of 15% or target profit of 25% at 1 day candle interval using Candlestick chart chart.

Stop Loss

15

Target Profit

25

Stocks

  • NSE

    ADANIENT

  • NSE

    ADANIPORTS

  • NSE

    BAJAJFINSV

  • NSE

    M&M

  • NSE

    TATAMOTORS

  • NSE

    TECHM

  • NSE

    WIPRO