ScannersStrategies

Nifty Positional Strategy

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

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

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

Exit Conditions

Multitime frame(day, Close(0) crosses below WMA(close, 100, 0) )

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

Stop Loss

15

Target Profit

25

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

    INDUSINDBK

  • NSE

    INFY

  • NSE

    JSWSTEEL

  • NSE

    KOTAKBANK

  • NSE

    LTIM

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NTPC

  • NSE

    NESTLEIND

  • NSE

    ONGC

  • NSE

    POWERGRID

  • NSE

    RELIANCE

  • NSE

    SBILIFE

  • NSE

    SHRIRAMFIN

  • NSE

    SBIN

  • NSE

    SUNPHARMA

  • NSE

    TCS

  • NSE

    TATACONSUM

  • NSE

    TATAMOTORS

  • NSE

    TATASTEEL

  • NSE

    TECHM

  • NSE

    TITAN

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO