ScannersStrategies

Nifty Positional Strategy

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

Order Type

MARKET

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